Archive | April 2019

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SELL CORPORATE BOND. WATCH TRGP BUY

April 30, 2019. Selling the “Healthcare REIT” Corporate Bond in the Core Portfolio. We have a very nice 16% Total Return. It is a high quality low risk bond and there is nothing wrong here, except that it pays very little. We are diverting funds to higher paying positions. If you are happy with a […]

TRYING TO BUY IRM AND TGRP

April 29, 2019. A few weeks ago, Chicago elected it’s first gay mayor, who also just happened to be a married lesbian with a child. Who would have thought. Now South Bend’s Mayor Pete who is gay, and married, is making major headlines. Who would have thought. And who would have thought that the conservative […]

HILL BELCHES SOME GARBAGE

UPDATE: We just noticed that IRM took a dump yesterday. We have been trying to buy this thing for months. Pending how prices proceed we will be buyers……more info to come. April 26, 2019. Back on April 8 we said this: The all-time high, hit back in September, typically acts like a magnet, and investors […]

NEW BUY. STERN CALLS CONSERVATIVES IMBECILES.

April 17, 2019. We recently sold LMRK at a very nice profit. Now, we are placing a BUY LIMIT order for LMRKO which is one of their PREFERRED stocks. It closed at $25.05 yesterday and we will attempt to buy around that price today. It pays just under 8% and will be paying around 48 […]

ADD/BUY RILYZ ON SALE

April 15, 2019. Significant snow in Chicago in mid-April. How weird. New Readers: We invest primarily in individual bonds, term bond funds, with a smattering of BDCs, REITs and CEFs. Never, never buy annuities and non=traded REITs which are unmitigated rip-offs. NOW IN OUR 6TH YEAR NOTE TO NEW READERS:  Before you buy anything we […]

LIMIT ORDER FOR BPYPP

April 12, 2019. We are placing a BUY LIMIT order for Brookfield Property Partners BPYPP at $25.10. We discussed this yesterday. This order may NOT get filled as the ask right now is $25.18. Do not pay more: just wait and watch. Brookfield Property Partners L.P., 6.50% Class A Cumul Red Perp Prfd Units Ser […]

CHECK OUT YOUTUBE VID

April 11, 2019. Well…… what can we say. Conditions have not dramatically changed over the last few days. We are looking at PTY and BPYPP for new buys but we have NOT pulled the trigger yet. It is so difficult finding a good position when the markets are trading just under all time highs. At […]

oreos, religion, facebook

April 8, 2019. Last week we were ‘complaining’ that investment opportunities were over-priced and we were not willing to pay the high prices. But that does not mean that the markets can’t go higher…..they CAN go higher and all indications say they will. Our technical indicators are pointing up. So we are not just sitting […]

STILL—SITTING ON OUR HANDS

April 5, 2019. As we said on Wednesday, it is really nice to see the markets continue higher. But we are conservative investors and tend to get nervous when things start to look this over extended. It looks like the ‘dumb’ money is getting excited, buying anything and everything. We spent the entire morning looking […]

SITTING ON OUR HANDS

April 3, 2019. We are of course happy that the markets continue higher. We got a slew of dividend payments last week and really want to put the money to work. There are at least a dozen potential quality buys for the Core Portfolio that are being evaluated. But they are priced way too high […]