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User 7415181

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  • Market Update 11/26 -- Plenty To Be Thankful For - IF You've Been Bullish  [View instapost]
    40 - q: England. Need I say more?

    Happy Thanksgiving!
    Nov 26, 2014. 12:56 PM | Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments!! Chapter 88..... [View instapost]
    I'm going to get rid of the VIXY - none of the vix following etfs seem to match what the vix does, so it probably won't make a good hedge. I'll keep the rest and rebalance at the end of the year.
    Nov 25, 2014. 06:42 AM | Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments!! Chapter 88..... [View instapost]
    I'm going to try something a bit different again (since this is an experimental year and it's just monopoly money so far). 60% of the total portfolio will be bullish. This will include SPLX and SVYX evenly divided. 40% of the total will be neutral/bearish. We'll go 30% towards TMF and 10% towards VIXY.

    I will rebalance once a month and have sell-limit orders in for a 10% gain on the bear/neutral positions. The bullish positions will have not limit orders as things tend to improve over time.
    Nov 24, 2014. 02:43 PM | Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments!! Chapter 88..... [View instapost]
    At the moment, a very small amount of SPXL and some TMF. The idea was to rebalance every three months between them, 75/25 %, depending on which one did the best in the preceding quarter.

    Apparently, I had a limit-sell order in place on spxl for a ten percent gain that I'd forgotten about.
    Nov 21, 2014. 05:28 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments!! Chapter 88..... [View instapost]
    Oops! Guess I had a limit-sell order in the challenge for SPLX that I forgot about. According to the new rules I'm following, I'll have to wait until the end of the year to get back in it.
    Nov 21, 2014. 11:48 AM | 1 Like Like |Link to Comment
  • Somebody's Screaming That The Sky Is Dark! [View instapost]
    AIF it was just now.
    Nov 21, 2014. 11:16 AM | Likes Like |Link to Comment
  • We Kill You 'Til You Die! [View instapost]
    Morning again! I do care what the holdings are - the problem is that information is often out of date. I believe cefs only report that info twice a year.

    The NAV is the actual value of the fund, so I do focus on that. I just looked at PFL. The market price dropped a lot during Sept - Oct., but the NAV didn't change so much. On cef connect, it lists the eps as less than the distribution, which would normally be a red flag to me and lead me to think that they're overpaying the distribution, but the NAV has actually gone up over the last year.

    So something else is going on with it. I suspect it's because its leverage is listed as "auction preferred stock". Going off memory and thus I might be wrong, I seem to remember some of the Pimco cefs managed to screw over the holders of those auction preferreds somehow or another and essentially got perpetual leverage for free.

    Anywho, looks like you picked it up at the right time!
    Nov 13, 2014. 07:00 AM | Likes Like |Link to Comment
  • The Beast Behind Our Eyes Is Loose [View instapost]
    Morning! Yep, they're risky. But they're monthly reset as opposed to daily. LMLP, DVHL, DVYL, BDCL, CEFL, MORL.
    Nov 13, 2014. 06:28 AM | Likes Like |Link to Comment
  • Closed End Bond Funds: Added 200 BHK At $13.31 [View instapost]
    Hello, again!

    A few questions at your convinience:

    I recently (yesterday) bought some more TSLF as I believe I've heard along the way that senior loans are supposed to do fairly well in a rising rate environment. AGC I'm giving some thought to for my next paycheck-investment because of the convertibles it has and the ocassional roc compenents since my main focus is the taxable account. (I'm trying to think ahead for when rates do actually rise and I don't want the overall portfolio beaten up too much - I'm also trying to make sure the portfolio is pretty diverse, but at the current time I've got a couple hundred less holdings than you)

    How would option/income cefs do in that environment, or would that have more to do with the amount of calls they sell and what type of holdings they had in the first place?

    I have one preferred that pays libor-linked dividends, but unfortunately the company is in the energy sector, so I just avoid looking at the share price of it. Or even thinking about it too much.

    Any other type of cefs I should scrounge around for, considering at some point in time, maybe, interest rates will go up? I usually run a screen for ones with an 8% or more distribution on the market price and the same with the discount to narrow things down on cefconnect, so I'm sure I miss out on some sectors that are hated unfairly.

    Thanks for the time,
    Nov 8, 2014. 01:32 PM | Likes Like |Link to Comment
  • We Kill You 'Til You Die! [View instapost]
    TSLF it was.
    Nov 7, 2014. 11:23 AM | Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments!! EBOLA ?? Part 4 !! [View instapost]
    "hundreds of germ infested children who don't wash their hands"

    Best phrase that's often forgotten and is worthwhile to remember. The word "adults" could be substituted for "children" as well.
    Nov 4, 2014. 04:28 PM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #47 [View instapost]
    "The justice dept. is after JPM again. Is it really necessary to keep going after the big banks? Doesn't seem productive to me. Unless the banksters are at it again, which could be a problem."

    Easy way to collect revenue. Like speeding tickets.

    "The SEC never caught Madoff. Seems like there's plenty of greedy bastards out there that never get caught. Even when the SEC is given a heads up, two times no less, but still failed to catch Madoff."

    But did they actually try?
    Nov 3, 2014. 08:04 PM | Likes Like |Link to Comment
  • We Kill You 'Til You Die! [View instapost]
    Hello again!

    I saw that PCI did that last year. I have not dug into the statements much, but I noticed that the reported eps is a good bit better than the distribution. Hopefully, the unii has built up some since June and they might be able to repeat something similar.

    I liked shooting my dad's old Chinese SKS when I was a teenager (still do when he's up for it) and for whatever reason or another, tend to gravitate towards towards com-bloc type weapons. Maybe because their cheap, junky ammo is cheaper than our cheap, junky ammo. :) And they tend to be sturdy weapons and easy to take care of if somewhat crude compared to Western weapons.

    I believe with taxes, I ended up paying just shy of $600 for it at my gun dealer after they ordered it. That was a month ago. If you use this site

    http://www.slickguns.com

    you can browse good deals on the internet for whatever type of weapon you're interested in. And the N-pap, you can find it for around $500. I suspect the Zastava factory has gone into overdrive in manufactering and there's now a glut of them.

    You'd have to factor in shipping and what your local FFL would charge you for recieving it, but I bet you'd end up getting one for maybe $50 cheaper than what I paid. And maybe it would be shipped sooner (I believe that local gunshop I used did not place the order until I started calling them frequently after a couple of weeks went by).
    Nov 3, 2014. 06:53 PM | Likes Like |Link to Comment
  • We Kill You 'Til You Die! [View instapost]
    One of these:

    http://bit.ly/1tAPM9n

    I didn't buy it through that site, though. The booger's much nicer than in the photos and a lot heavier than I expected. I think I'm going to have a lot of fun plinking with it!

    Thanks for dropping by and feel free to expand on your impressions of PCI!
    Nov 3, 2014. 05:09 PM | Likes Like |Link to Comment
  • We Kill You 'Til You Die! [View instapost]
    No, it's actually a distribution rate on the NAV of less than 10%. Lower's usually better, but sometimes you can find a fund that has a higher dist. on nav that seems to be actually earning it.
    Nov 3, 2014. 07:23 AM | Likes Like |Link to Comment
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