Leave a comment

SELL AND BUY

October 15, 2019. We are reading some disturbing comments this morning about one of our Core Portfolio positions. We will be SELLING RILYZ. The total return which includes the numerous dividend payments is 29% so it has performed well. Yes it is possible we are over-reacting but in this environment it is better to be safe than sorry.

It looks like GLADL is trading today. We are BUYERS at $25.00 or less. This is a baby bond and the yield is relatively low so keep that in mind.

If you are a younger reader and have been taught by liberal professors that SOCIALISM is the answer to all problems. you NEED TO WATCH this video. GO TO VIDEO

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: