Archive | July 2019

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July 16, 2019. Markets keep going higher and higher. We like to buy ‘on sale’ not when we are hitting new highs. So we are limited to new issues, or when they go ex-dividend. Last week we tried to buy HCXZ and could not get the price we wanted. Yesterday it dropped big time and […]


July 12, 2019. We bought HCXZ about a year ago. It went ex-dividend and we are trying to ADD to the position due to a very attractive price. Placed a BUY LIMIT order DAY at $24.88. ($24.90 is also ok to buy)


July 12, 2019. We recently bought IRM in the Core Portfolio. But it had been struggling and then we got hit hard yesterday when Bank of America downgraded it. BUT, three days back, Wells Fargo initiated coverage at OUTPERFORM!!! So who the hell do you believe. We have followed IRM forever and are NOT concerned […]


July 10, 2019, It looks like interest rates may be going down further, or at least staying the same. This is not positive for our floating rate funds. SELL these today. BSL We have a price decline but with dividends, there is a small Total Return of 3.5% GSBD Price is down but with dividends […]


July 8, 2019. We are adding to DoubleLine Income Solutions (DSL) which is in the Core portfolio. Jeff Gundlach the “bond king” is the manager of DSL which includes around 63% foreign corporate bonds. The average investor like us do not have access to these type of bonds so that’s why you want to hire […]


July 3, 2019. Every so often, we miss on ‘opportunities’. We used to watch gold years ago, but it has been dead and we more or less forgot about it. But if you were alert enough to have bought the gold miners recently, there were riches to be had. Back in May we mentioned NRUC, […]

July 1, 2019. Well….the China/Korea/U.S. summit is over and the markets are pointing up. China gained a LOT, the U.S. very little, and Trump got a photo op with Korea. Don’t believe the BS you hear on CNBC. China is in this for the long term and Trump will most likely never get the art […]