RLSchmidt

CGBD . NEW IPO.

  June 26, 2017 We are buying CBDG which is a new business development company that is just starting to trade.  Yield is approx. 8%.  Here is a short description of the position:  the link to the full article is posted below and you should read it before investing. The Carlyle Group is one of […]

AMLP. ILLINOIS GOES DOWN.

June 22, 2017 As residents of Illinois, we have known for many, many years that Illinois was eventually going to head into bankruptcy.  With the rampant corruption and Democratic control in Springfield there was no other outcome.  The ‘spend money’ mentality is so ingrained that a bomb could not stop it. We have told you […]

TECHNICAL NIGHTMARES. BUY EATON VANCE HIGH INCOME TARGET TRUST 2021

June 20, 2017 Last week we down-loaded the new update to Windows 10.  In typical Microsoftie fashion the damn thing does not work and worst of all we did not have our Fidelity stock trading platform for two days.  So last week we spent days trying to get our machine running again.  That issue is […]

BUY CLNS OR CLNS-I. AND: WANT TO INVEST IN FAT AMERICANS?

June 16, 2017 The Rasmussen Reports daily Presidential Tracking Poll for Friday shows that 50% of Likely U.S. Voters approve of President Trump’s job performance. Fifty percent (50%) disapprove. ———- Colony NorthStar has been through some “turmoil” in the recent past but the outlook is stabilizing.  CLNS pays 7.6 % and the Preferred Shares CLNS-I […]

WHFBL FINALLY DROPS

June 14, 2017 WHFBL is in the Core Portfolio.  After going ex-dividend it is finally coming down and is priced right now at $25.45.  This is a reasonable price to buy if you do not own:  OR if you own you could ADD to the position. It could go lower if you want to take […]

SELL SBLKL. MISSED OPPORTUNITIES

June 14, 2017 We have done very well with SBLKL providing us dividends over the years.  As mentioned earlier we were going to hold despite a recent article telling us to sell a portion.  But this thing is stalling, and the technical indicators are telling us to get out.  SELL _____ Sometimes we get so […]

ALSO BUYING OXXDP

June 9 2017 Oxford Lane Capital is selling a new TERM preferred issue with a coupon of 6.75%. OXLC is a closed end investment firm and must follow the leverage rules for senior securities and hold 200% of the value of their debt and preferred stocks in assets:  which adds a level of safety.  We […]