cef

OFF AND RUNNING

January 3, 2015 To View Current Positions Go To Core Portfolio Happy New Year!!  As I write this we are getting the first snow of the season…..I really don’t like winter!!!!! We continue holding all positions in the Core Portfolio.  Barring some natural or political disaster it appears the markets will march higher as we […]

ADDING TO YYY. 9%

Monday August 11, 2014 ********Go to “Core Portfolio” for current holdings.********** On June 20 I suggested you buy YYY…….YieldShares High Income ETF includes 30 closed end funds. The asset mix approximates a 60:40 Equity: Debt mix at 58% Equity, 38% Debt and 4% Currency. I am ADDING to my position.  YYY has tumbled along with […]

GOIN TO VEGAS AGAIN—CEFL REVISITED 17%

Thursday August 7, 2014 ********Go to “Core Portfolio” for current holdings.********** UPDATE:  CEFL WAS SOLD Way back on June 3 I said we were heading to Vegas and buying CEFL an exchange traded note that contains 30 well known closed end funds with some leverage thrown in to get the yield up to 16%.  There […]

OLD GRAY HAIRED LADY SPEAKS

June 20, 2014 ********Go to “Core Portfolio” for current holdings.********** The grey haired lady (Yellen) came down from the mountain yesterday. Before you think I am being nasty, I am an old gray haired man lolol. Yellen and the Fed basically said they would continue supporting the markets.  I have told you several times that […]

DO YOU HAVE A SPARE $106,000??

April 10, 2014 Go to “Core Portfolio” for current holdings.  Hit “+Follow” at top of page to follow this blog. Update Tuesday:  Long Term 401K Investors should sell all stock positions–see ‘Core Portfolio”.  Everyone else just hold your dividend payers. Update Monday:  The market is higher today, BUT the trend is still down.  I suggest […]

BUYING EXG 9%

April 1, 2014 Go to “Core Portfolio” for current holdings.  Hit “+Follow” at top of page to follow this blog. (Evaluating YYY for possible BUY) (60 Minutes caused a ruckus about the ‘rigged’ stock market.  Well I’m not sure it’s rigged but sure as H it is manipulated.  This is OLD news.  So should we […]

YOU HAVE TO WATCH INTEREST RATES. PFLT AND BKLN

March 25, 2014 Go to “Core Portfolio” for current holdings.  Hit “+Follow” at top of page to follow this blog. Last week that nit-wit Yellen (Fed President) roiled the markets.  She talked about rising interest rates and the markets have still not recovered.  Yesterday we took a roller coaster ride and our dividend paying investments […]