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jbzw

jbzw
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  • New Year's Resolution: Rethink Your Traditional Bond Portfolio [View article]
    My resolutions are : never buy a bond fund but only individual bonds; be satisfied with the bond's yield on cost and be prepared to hold it until maturity unless a better opportunity comes along for a higher yield with comparable risk; buy below,at or only slightly above par; ignore all the general talk about how bad bonds are; and I agree that there are opportunities in the higher yield bonds. Thanks for your article!
    Dec 11, 2013. 10:12 PM | 3 Likes Like |Link to Comment
  • 2 Attractive 7% Yielders [View article]
    Thanks for your article. For more conservative folks, ABR has two preferreds, A and B, which yield over 8% currently. CLNY has one- CLNY-A- which is also above 8%. A little of each works for me.
    Dec 7, 2013. 10:04 AM | 2 Likes Like |Link to Comment
  • Happy Repeal Day [View instapost]
    Prohibition made the purchase of a product illegal and was repealed. The government now madates the purchase of another product, wrongfully called a tax. I am enjoying a Crown Royal, and awaiting a second repeal.
    Dec 5, 2013. 09:13 PM | 1 Like Like |Link to Comment
  • Black Friday Is Stupid. [View instapost]
    A coal stock in the stockings? Yes, indeed. My own stock(ing) also includes WLT, but in the form of its December 2020 9.875% bond (Cusip 93317QAH8) yielding over 10%. Coal may no longer be king, but it is still the most used souce to power the generation of electricity to power the new fad electric vehicles. I figure that the government will at least let the coal companies service and pay their bonds, even though the shareholders may not be greatly rewarded. For me, the best discount today was to load up on the Forever stamps before the 6% plus increase by the Post Office in January next year!
    Nov 29, 2013. 10:12 PM | 1 Like Like |Link to Comment
  • Thanksgiving Proclamation Issued By President George Washington [View instapost]
    Thanks for posting Friberg's " Prayer at Valley Forge" and our first President's message. I hope all of us take the time to reflect on this great Country's blessings from God and offer our thanks.May we continue to prosper using our freedoms and free enterprise.
    Nov 28, 2013. 11:32 AM | 1 Like Like |Link to Comment
  • The Unraveling Of The Affordable Care Act [View article]
    For many, the alleged reduction in premiums will be illusory in light of the much higher deductibles that will need to be paid. Giving very high deductibles to folks is like giving a three year supply of free frozen food to those who have no freezer or microwave. The basic premise of the law is disruptive to the cost and delivery of healthcare and the new system will not be able to function. Prohibition told Americans what they could not buy; this law tells them what they must buy under penalty of law. The former was repealed, and history will repeat itself shortly after causing havoc to millions.
    Nov 26, 2013. 07:18 PM | Likes Like |Link to Comment
  • Happy Anniversary: End Of Moratorium Makes OBA Financial A Potential Deal Target [View article]
    Thank you.
    Nov 24, 2013. 06:59 PM | Likes Like |Link to Comment
  • Happy Anniversary: End Of Moratorium Makes OBA Financial A Potential Deal Target [View article]
    Hello, do you have any update after the annual meeting? I note the 14% premium in the RCKB/UBNK deal. Also, thanks for all of your excellent this year. Happy Thanksgiving!
    Nov 24, 2013. 05:23 PM | 1 Like Like |Link to Comment
  • The Unraveling Of The Affordable Care Act [View article]
    If the government wanted to assist people with no health care, it could have developed a program targeted to help them a la food stamps, free phones, and other subsidies. Instead, it as screwed up the system for everyone. There will still be millions of uninsured folks if this law takes full effect. They will still go to the emergency rooms without coverage. Some will pay the penalty amount instead of buying insurance; others will pay none because they file no tax returns. The higher premiums and deductibiles will crush the middle class. This will be a disaster of an epic nature.
    Nov 23, 2013. 10:28 AM | 9 Likes Like |Link to Comment
  • The Unraveling Of The Affordable Care Act [View article]
    Robin Hood took back from the government money taken from the people and returned it to them. This law takes from the people to give to the government and its friends.
    Nov 23, 2013. 10:20 AM | 8 Likes Like |Link to Comment
  • MTR Gaming: Shareholders Are Likely To Receive Superior Merger Proposal [View article]
    Thanks for your article. Please keep your readers advised.
    Nov 17, 2013. 07:05 PM | Likes Like |Link to Comment
  • Alpha Natural Resources A Good Buy In The Long Run [View article]
    Yesterday's WSJ Energy report notes that as of 2011, coal by source was over 42% of US electricity generation. Coal was the number one source.I do not expect any new coal companies,or a quick replacement for the use of coal. The value of the companies' share may not increase any time soon, if ever. However, I do believe they will be able to serice and repay their bonds. Coal may not be king anymore, but its use will not disappear anytime soon. Good luck to all in this area!
    Nov 13, 2013. 12:33 PM | Likes Like |Link to Comment
  • Walter Energy Leaves The Worst Behind And Embarks On The Road To Recovery [View article]
    As with ANR, I hold the WLT bond, C 93317qah8, which trades below par, matures in 2020, and yields over 10%. thanks for your coverage.
    Nov 10, 2013. 08:17 PM | Likes Like |Link to Comment
  • Alpha Natural Resources A Good Buy In The Long Run [View article]
    Thanks for your article. I am a bondholder of C 02076xad4, which trades a little above par, yields over 9%, and matures in 2018. I prefer to be a creditor rather than a shareholder.
    Nov 10, 2013. 08:14 PM | Likes Like |Link to Comment
  • Fannie Mae: This Dog Is For Traders Only [View article]
    I do not know whether FNMA will be a good one or a bad one long term. What I do know is that FNMAH and FNMAI have been performing very well recently and I am holding on for some more upside while the experts(?) figure out this terrible mess. Good luck to all .
    Nov 10, 2013. 09:58 AM | Likes Like |Link to Comment
COMMENTS STATS
963 Comments
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