Archive | July 2019

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TWO BUY LIMIT ORDERS

July 31, 2019. We have two Buy Limit orders in. NEWTL $25.10 LMRKO $25.11

POSSIBLE BUYS THIS WEEK

July 29, 2019 We continue to be SHOCKED at how many financial advisors (that we respect) keep telling us to buy stocks/bonds when we are at ALL TIME HIGHS. Now tell me: who in the hell is going to buy positions when everything has spiked higher since December. Evidently there are investors out there that […]

BUY LTSL

July 25, 2019. We purchased Ladenburg bonds at $24.32 paying 6.66%. TICKER: LTSL Ladenburg Thalman Financial (LTS) is a financial company that provides financial advisory services, insurance, annuities, asset management and investment banking services including underwriting services. A fun fact: Ladenburg has been a member of the New York Stock Exchange for 136 years. Ladenburg […]

POSSIBLE BUY NEXT WEEK. PENSIONS IN DEEP TROUBLE.

July 25, 2019. We are watching a NEW ISSUE for a possible buy next week. Newtek is offering a baby bond at 5.75%, Ticker: NEWTL. Maturity is 2024. Markets are now so over valued that new issues are one of the few areas we can buy at reasonable prices. __________ FOLLOW: If you are on […]

CLNY A DISASTER

July 23, 2019. CLNY Colony Capital has been one of the worst investments we have EVER made, DOWN a shocking 84%. Terrible pick! But we have held on for the dividends, and we also keep reading this is a turn-around. We are lucky in the sense that CLNY is a very small position, so the […]

TRYING TO FIND BARGAINS

July 22, 2019. Investors who focus on ‘income’ issues like us, know that positions are richly valued. It is almost impossible to find any bargains unless you buy new issues or issues going ex-dividend. Last week we were looking at several current positions in the Core Portfolio that were going ex-dividend (the prices usually drop […]

DEBT BOMB. AND BUY ECC. EDUCATIONAL VID TO WATCH

July 18, 2019. We are buying ECC which pays over 13%. With this high rate of return, you know this position is riskier than most of the Core Portfolio positions. It is a high quality fund with high quality management. ECC has recently declined and is now ‘on sale’. Do NOT buy more than 2% […]