July 2, 2020. On Tuesday we got filled on GBAB at the price we wanted, but NOT BBN. We are now holding off on BBN as the price spiked up.
We ARE looking at FCT First Trust Senior Floating Rate Income in the senior loan arena. The article linked below gives you an excellent description of this category. Also continue watching BBN
Today’s futures spike, up 400, is based on OLD news: we currently anticipate about an 8% decline in SPY going into the middle of August, so hopefully we can pick up positions at lower prices AT THAT TIME.
NOW IN OUR 8TH YEAR. This blog is intended for INCOME investors. IF you are heavily invested in stocks, caution is advised over the next 2-3 months. Go to the Core Portfolio for current holdings. Don’t forget to hit the like button. This blog is designed for retired investors seeking income.