Archive | May 2019

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RISK!!! NEW BOOK. TRUMP WINS?

May 29, 2019. Market status review from one our favorite financial peeps. Full article is linked below. What you decide to do with this information is entirely up to you. As I stated, I do think there is enough of a bullish case being built to warrant taking some equity risk on a very short-term basis. […]

DARK CLOUDS ON THE HORIZON?

May 28, 2019. Momentum indicators are turning down and would indicate the stock market is heading lower. The majority of the Core Portfolio holdings are bonds and income oriented investments, and they typically follow the stock market in sympathy-altho the declines are less. So, we anticipate declines in the weeks ahead. Daily movements will be […]

SELL CVY AND HALF OF GGN

May 23, 2019. We bought CVY way back in the early days of this blog-January 2014. It has been mediocre at best, diving in 2016, pulling back in 2018, diving again and now coming back to $21.81 and giving us a stinky 3.7%. We had hoped to reach the price we originally paid (to break […]

LOOK AT NRUC. PERVS AT ARIBNB

May 22, 2019. Every so often we run across a very nice, conservative, SAFE investment grade baby bond. NRUC is a new bond issued by the $25 Billion National Rural Utilities Cooperative Finance Corporation. It is paying a respectable 5.5% which is good for a highly rated issue. Here is a link to their website: […]

TRAVEL TO TANNL

May 21, 2019. We are familiar with Travel Centers of American since we owned it many years ago. They run those huge truck stops that you see on the Interstates. Their baby bond looks attractive at almost 8% return and we bought a small position of TANNL yesterday. The price is $25.21 and you should […]

LAYING LOW

May 16, 2019. Iron Mountain IRM tanked a few weeks back, and we suggested you buy. It has in fact been moving up slowly. It is still not too late to get in. Pays 7.6%. We are laying low right now. There are several high paying dividend payers we would like to buy. But it […]

VOLATILITY CONTINUES

Wednesday May 15, 2019. The DOW is down 150 points early Wednesday but the Core Portfolio is very slightly in the green. We continue to expect further declines. (Also, we did see numerous dividend payments come in today.) See the following chart: The confidence level of “dumb money” retail investors is at record high April […]