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Balance sheet guru

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  • David Einhorn's Scathing Anti-Fracking Thesis Is Literally A Joke [View article]
    I'm just going to let out a lot of gas on this one. I am an Einhorn investor for 19 years.
    May 7, 2015. 09:53 AM | Likes Like |Link to Comment
  • Prospect Capital: Continued NAV Declines? [View article]
    What is your take on BDCL 2X ETRACS? Is it worth investing the good with the bad? Or is it better to just find the best BDC's and then put some leverage on them. I notice BDCL dropped today. Is i because of PSEC? Are there any other bad apples in the BDCL index?? The so called return has been fantastic, but is it sustainable?

    Also, do you have a strategy to trade in and out of BDC's based on Treasury meetings or impending dividend catching?
    May 6, 2015. 03:22 PM | 1 Like Like |Link to Comment
  • Rough day for BDCs as rates are back on the rise [View news story]
    This makes no sense. Most of the BDC's invest in floating rate loans that can INCREASE in return as rates go up. So, this drop is stupid. Take advantage and consider buying with two fists of cash.

    For a full diversified play and some leverage consider BDCL.
    May 6, 2015. 01:21 PM | 16 Likes Like |Link to Comment
  • Deleverage Your Portfolio Before The Market Forces You To [View article]
    If you want to play the high yield game right forget REITS as they will get clobbered with a rise in rates. Take on Business Development Companies (BDC's).

    Most of them are structured to invest in floating rate loans as a spread over an index. So, as rates rise their distributions will rise. Go to BDCBUZZ a Seeking Alpha Contributor. If you want real BDC action, buy the UBS BDC 2X ETRACS (BDCL) for about an 18% return.
    May 5, 2015. 06:49 PM | 2 Likes Like |Link to Comment
  • Deleverage Your Portfolio Before The Market Forces You To [View article]
    If you want to play the high yield game right forget REITS as they will get clobbered with a rise in rates.Take on Business Development Companies (BDC's).

    Most of them are structured to invest in floating rate loans as a spread over an index. So, as rates rise their distributions will rise. Go to BDCBUZZ a Seeking Alpha Contributor. If you want real BDC action, buy the UBS BDC 2X ETRACS (BDCL)
    for an 18% return.
    May 5, 2015. 06:47 PM | 1 Like Like |Link to Comment
  • 3 Reasons Why I Prefer ALFA Over GURU [View article]
    Hi Fred,

    Can you supply us with a monthly to month track record for your Global Household Index with the methodology behind it?
    May 3, 2015. 12:23 PM | Likes Like |Link to Comment
  • PennantPark Investment: What Comes Next? [View article]
    Just buy BDCL with more diversification and potential 18% return to boot.
    May 3, 2015. 01:04 AM | Likes Like |Link to Comment
  • 8% Yield With Interest Rate Protection From PennantPark Floating Rate Capital [View article]
    Just buy BDCL the 2X ETRACS at current prices. Has more diversification and more bang for he buck with about an 18% potential return.
    May 3, 2015. 01:00 AM | 2 Likes Like |Link to Comment
  • CEFL And YYY: Are These CEF Alternatives Worth Owning? [View article]
    How foolish. You mean you don't care if in a 2008 like crash this product drops 50% and your principal is vanquished?? I don't get it. Even with a high dividend you WILL be a loser.

    If you want to play in the world of high yield, the better choice is BDCL.
    Apr 21, 2015. 12:57 PM | Likes Like |Link to Comment
  • BDCL April Dividend Brings Yield To 18.1% [View article]
    Oil is dropping today and with the news of a lower quarterly payout BDCL may revisit
    prices below $20. If that happens, take advantage.
    Mar 30, 2015. 08:16 AM | 3 Likes Like |Link to Comment
  • BDCL April Dividend Brings Yield To 18.1% [View article]
    Why not simply buy directly the best BDC's that have stable or increasing earnings, and eliminate the non payers still having a portfolio of of the let's say the best 20 of the of the 40 you mention and avoid the dogs. Then leverage it at Interactive Brokers for around 1%.?

    You can get the ranking by gong to the Seeking alpha guy: BDCBUZZ
    Mar 30, 2015. 08:13 AM | 1 Like Like |Link to Comment
  • A High Yield Portfolio Using UBS 2x ETN's -Introduction Of The YMBC Portfolio [View instapost]
    Agreed, but just using this as an illustration.If you keep compounding, the returns will keep growing dramatically and if you have patience that after 3-4 years you will have the stock for free and at that point it almost does not matter what the stock price is. It is like owning an an apartment building that the rents keep going up. When it comes time to sell you will have collected so much money over let's say a 5-7 year period your original price paid will be secondary. The only thing that matters is "Are you in a good or bad neighborhood?"
    Mar 29, 2015. 09:17 AM | Likes Like |Link to Comment
  • A High Yield Portfolio Using UBS 2x ETN's -Introduction Of The YMBC Portfolio [View instapost]
    Why would you buy on ex dates? What do you gain" A price drop usually greater than the dividend. Better to buy about 20-25 days BEFORE the dividend where you most likely will get some upside action in anticipation of the dividend.
    Mar 29, 2015. 08:04 AM | Likes Like |Link to Comment
  • A High Yield Portfolio Using UBS 2x ETN's -Introduction Of The YMBC Portfolio [View instapost]
    Find a way to generate excess tax losses to match against income such as equipment leasing, real estate, tax credits, etc. then move your IRA.
    Mar 29, 2015. 08:01 AM | 1 Like Like |Link to Comment
  • A High Yield Portfolio Using UBS 2x ETN's -Introduction Of The YMBC Portfolio [View instapost]
    BDCL all the way!! Margin 50% at Interactive Brokers and pay just a little over 1%.

    Buy $1.0 million and margin $500,000. Work the numbers.
    Earnings of about $170,000 plus year.a year. Margin cost about $5-6,000. Keep reinvesting more.

    My gosh a 30% plus return. Keep reinvesting. It is like a slot machine with thousand of quarters coming out every time I walk by.
    Mar 29, 2015. 02:02 AM | Likes Like |Link to Comment
COMMENTS STATS
197 Comments
164 Likes