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jbzw

jbzw
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  • Ship Finance: High Yield Dividend Facing Future Dark Clouds [View article]
    Thanks for your article. My choice in this seafaring area is the new ISH-A preferred launched this week yielding over 9%. ISH is up nicely this year and the preferred is modest in amount with a good yield. This sector may have some choppy waters ahead and I want some smoother sailing.
    Feb 27, 2013. 09:47 PM | Likes Like |Link to Comment
  • It's Radio Shack Time [View article]
    I am also long this bond with a very good gain, and expect it to continuue upward.
    Feb 21, 2013. 08:41 PM | Likes Like |Link to Comment
  • Book Ideas For The Thoughtful Investor [View instapost]
    For a good fiction read about murder and corruption on Wall Street, try the new Black Fridays by Michael Sears. Thanks.
    Feb 16, 2013. 10:26 PM | 1 Like Like |Link to Comment
  • Kohlberg Capital Provides Consistent 10% Yields [View article]
    Thanks for your article. KCAP has been a consistently good payer for me. With these types of companies you need to have a strong stomach, buy the dips, and constantly monitor them for possible bad news. Please continue to write on these interesting opportunities.
    Feb 15, 2013. 08:51 AM | 4 Likes Like |Link to Comment
  • RAIT's Turnaround Gains Momentum [View article]
    Thanks very much for your followup article. I have been long its preferreds, A,B, and C for several years and they have rewarded me very, very well. Please continue to post about this company.
    Feb 15, 2013. 08:25 AM | Likes Like |Link to Comment
  • StoneMor Partners Combines 9.4% Yield With A Perpetual Industry [View article]
    This company grows by acquisition and who knows how long it will last. I am long with its bond Cusip 86184BAB8 which matures in Dec. 2017. Its coupon is for 10.25%. The bond is selling around $105 for a current yield of 9.7% and a lessor yield to call. I prefer that interest rather than worrying about its quarterly dividend which may fluctuate. I expect that it will pay the bond on its maturity, but I may pull out sooner if the yield decreases due to price appreciation or if the company looks like it is in trouble. Death and taxes will get us all. Caveat emptor.
    Feb 14, 2013. 10:31 PM | Likes Like |Link to Comment
  • Can An Intelligent REIT Investor Over-Diversify? [View article]
    Thank you so much for sharing your own experience with us. I reallyappreciate it and hope SA readers take it to heart. As to REIT diversification,I have also included some preferreds, such as STAG and AHT. Diversification, if not overdone, is a best practice for all kinds of decisions in life. For example,if a breadwinner is buying life insurance, purchasing several policies may be better than one. In that way, as years go buy and the premimiums go up, some policies can be eliminated without the loss of all coverage. Ask anyone who is no longer insurable, but cannot afford the entire premium of one policy. More than one bank account is prudent. Ask the folks who could not withdraw funds from their accounts insured by the Maryland insured savings and loans. Putting all your eggs in one basket means dropping the basket is very bad. The examples go on and on, but your point has so much validity, that it bears repeating.
    Feb 11, 2013. 08:08 AM | 1 Like Like |Link to Comment
  • Could NII Holdings Be The Next Telecom Stock To Double Like Sprint? [View article]
    Thanks for your article. I hold its 2016 and 2019 bonds (Cusips 67021BAD1 and 67021BAC3 ) which both have current yields over 10%. The road to success may be bumpy, but I am in for the ride! Please keep us informed.
    Feb 8, 2013. 10:16 PM | 1 Like Like |Link to Comment
  • How To Fix The Fiscal Mess [View article]
    Arbor's new preferred A with a face of of 8.25% is now trading under the temporary symbol ARBPP slightly below par. Thanks for your article.
    Feb 4, 2013. 10:14 PM | Likes Like |Link to Comment
  • 4 Reasons The Junk Bond Rally Will Continue In 2013 [View article]
    Thanks, I will check it out.
    Jan 30, 2013. 10:08 PM | Likes Like |Link to Comment
  • Non-Agency Mortgage REITs: Part 9 - "Fellow Travelers"  [View instapost]
    Thanks for your article. I am long EFC and have been rewarded by it.
    Jan 30, 2013. 10:06 PM | Likes Like |Link to Comment
  • 4 Reasons The Junk Bond Rally Will Continue In 2013 [View article]
    Thanks for your article. I agree with your conclusions about these bonds. Do you have any individual names to share with your readers?
    Jan 29, 2013. 10:18 PM | Likes Like |Link to Comment
  • Non-Agency Mortgage REITs: Part 8 - Preferred Stock [View article]
    The down side is not always bad. As the price of some preferreds goes up, the yield decreases. That occurence allows for the sale of the ones that rise and the redeployment of the proceeds to purchase others which have not appreciated, thereby increasing the income. Of couse, this method works best in retirement accounts where the tax consequences do not bite into profits. I maintain interest growth can be even better than dividend growth.
    Jan 27, 2013. 10:20 AM | Likes Like |Link to Comment
  • 3 Reasons TravelCenters Of America Could Triple [View article]
    Up very nicely today. Thanks for alerting us to TA!
    Jan 24, 2013. 09:46 PM | Likes Like |Link to Comment
  • Investment Strategy: What Portfolio Withdrawal Rate Can You Live With? [View article]
    The best withdrawal rate is none. Living off the interest generated, plus whatever SS benefits come in is the best formula. Roth conversions are the best way to keep the income away from taxes. The bitter pill of taxation on the year of conversion can be the best remedy in the long run. Avoiding withdrawal of principal should be avoided for as long as possible. the so called formulas are a recipe for diaster.
    Jan 18, 2013. 07:53 PM | 5 Likes Like |Link to Comment
COMMENTS STATS
731 Comments
454 Likes