closed end fund

LET’S GRAB GBAB. 7.4% YIELD.

January 15, 2015 To View Current Positions Go To Core Portfolio Click Here  (Update;  This was Sold) Muni bonds have been looking good for a long time.  But I had no experience in this area and kept dithering around.  We should have bought munis starting a year ago when they were cheap. After doing some […]

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 […]

UPWARD AND ONWARD

September 17, 2014  Go to “Core Portfolio” for current holdings.  Hit the “Follow” button to get updates. Readers of this blog are happy with the Fed’s announcement today.  They said what everyone wanted to hear and so I anticipate continued money flow into the dividend paying positions that we hold….. resulting in higher prices. The markets […]

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 […]

GAMCO GLOBAL GOLD NATURAL RESOURCES AND INCOME TRUST GGN + BUY GOV AT $23.50

July 23, 2014 ********Go to “Core Portfolio” for current holdings.********** When the dollar declines, gold goes up. And boy oh boy, the dollar has been heading downward.  Have you bought beef recently?  Chicken?  Milk?  ANYTHING????  Your dollars are worth less and less. Just look at a two year chart for the dollar and you can […]

NPT Nuveen Premium Income Municipal Fund 6.5%

July 13, 2014 ********Go to “Core Portfolio” for current holdings.********** I have never been interested in municipal bonds.  And with the disaster in Detroit going bankrupt I was even less interested. Except for owning an individual municipal bond from the city I live in (the bond has done well) I do not own this sector. […]

BUYING YYY. YIELDSHARES HIGH INCOME. 8.8%

June 20, 2014  ********Go to “Core Portfolio” for current holdings.********** I never followed closed end funds.  But I have been reading a lot of articles over the last six months that describe the advantages of this sector. Recently we suggested you get into closed end funds with KYE and DSL. Another suggestion was CEFL that […]