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TAKING PROFITS

August 13, 2019. We have sold the following:

TANNL. Just isn’t doing much. We have a tiny gain. Time to move on and buy something better.

PBY. We purchased PBY at a deep discount in March and it spiked up to $25.93. A sell limit order is in for $25.93 which if filled is a profit of 7.1% in only a few months. It is our style to sell when we have huge gains. There is nothing inherently wrong with PBY and if it should drop dramatically, for some reason, we may buy again.

KCAPL. KCAPL was purchased in August 2017. With dividends we have a nice 9.5% gain. (NEWTL was bought recently which replaced KCAPL——–it is already up 1 percent.)

NOW IN OUR 7TH YEAR. NOTE TO NEW READERS:  Before you buy anything we discuss here, GO to the Core Portfolio tab to see a CURRENT listing of holdings. This “free” blog is designed for investors seeking income by using preferreds, BDCs, REITs, baby bonds and corporate bonds. Don’t forget to hit the like button. Go Here For “About

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