Leave a comment

RECESSION. OR NOT

October 14, 2019. We follow several financial advisors which have proven their worth over the years. There is now a divergence, with some saying a recession is on the way. Some saying the opposite. Our crystal ball has been broken for ten years and we do not have the answer. We remain very cautious and almost fully invested for now. But you have to remain alert. We are NOT buy and hold investors, and we will be the first to sell if things go bad. http://www.predictit.org is predicting a Trump win next year, which would be good for the markets.

Still waiting for GLADL to start trading, and MAY buy at $25.00 or less.

We are back from the “world’s largest hot air balloon festival” BalloonFiesta in Albaquerque which closed yesterday. This is a fantastic experience and they claim 850,000 visitors during the week. We strongly recommend this event to everyone. If you decide to go, you must buy your tickets before you travel, stay in a hotel close to the venue, and take Uber instead of the bus to the site. (We will eventually load some pix in About)

__________

BOOKS. We have never read any of Bill O’Reilly books altho he has 15 best sellers. (O’Reilly was #1 in the ratings until FOX fired him) We did pick up his recent tome The United States of Trump. We expected the book to be a rehash of the numerous other books we have read. But you get a different perspective in an easy to read folksy style and IF you are a Trump supporter, you will find it informative. The author talks about how Trump is a fighter and this is why the voters like him.

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 Our host WordPress is running ads in the blog. We receive NO compensation from this advertising.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: