Merrily Going Off The Fiscal Cliff Together [View article]
My view is that the cliff will come to the disadvantage of everyone who pays Federal income taxes. One side travels on campaign stops instead of sitting down to have serious talks. One side has offered revenue increases without requiring everone's rates to go up. The other side says nope and stays quiet except to insist on a rate increase on some. There is really no reason for that side to compromise because no action means more taxes from everyone after Jan. 1, no AMT patch for this year to generate additional income, and the other party to blame for a long time. Golfing, instead of playing the fiddle, while bad times will be coming soon.
Arbor Realty Trust Is Attractive At Less Than Half Fair Value And A Yield Of 8.7% [View article]
That is why I include below par, high yielding preferreds such as NRF-C, and high yielding, below par, short term bonds such as Bon Ton (Cusip 09776NAB 8) in my retirement accounts. Thanks.
Arbor Realty Trust Is Attractive At Less Than Half Fair Value And A Yield Of 8.7% [View article]
Thanks for your article. I also own this Reit and look forward to good returns. Thanks also for your excellent articles this year. This sure beats billing hours!
Thanks for your article. I have owned a few of these bonds for awhile and hope to hold them until maturity. Their price does vary somewhat, but I have always received the interest timely. I have a fair amount of high yield bonds and sometimes their prices vary up or down without a lot of public news . I buy them under par, for a good current yield, for shorter terms to manage interest rate risk. I usually will hold them until maturity, unless I can get a higher yield on a better company and obtain "interest growth". Please advise if you learn why Ipayment took a roller coaster ride. Also, please keep your excellent articles coming.
Why Exxon Mobil Is An 'Inevitable' Buy Now [View article]
Nothing wrong with the amount of the purchase if he can afford it. My question would be the diversification issue if it is his only position. Remember when BP paid a nice dividend before the Gulf disaster? Or all those folks who thought it was great and safe to own GM bonds? Eggs all in one basket can get scrambled.
All I Want For Christmas Are A Few Good REITs [View article]
I have aked Santa for more EXR shares. Enjoy your holidays and come back rested for a profitable New Year! Thanks for all of your hard work this year and for sharing it with SA readers.
In Search Of Yield: Yield To Call 24.07% For I-Star Preferred I [View article]
Thanks for your detailed article. I have owned each of its preferred for a substantial time. ISF and its preferreds have all gained over 40% this year! I continue to draw their nice interest payments each quarter. However, I do not expect the preferreds to reach their par value any time soon and would not expect the premium to call to be anywhere near the 20% of your article's headline. Due to the substantial appreciation this year, I anticipate some tax sales shortly. In that event, there may be an opportunity to buy at a lower price. I intend to hold my shares for awhile, but I am not expecting much appreciation in their value. Please keep writing about this area. You may also want to check NRF-C which is below par, yielding about 9%, and is sometime away from its call date.
Retirement Strategy: How Long Will Your Portfolio Last? [View article]
I agree with your comment regarding holding some good quality preferreds. However, I take the view that there is also room for some higher yield,below par, short term corporate bonds. If the cliff comes, some bonds, rather than dividend stocks, may perform better over the short term. Short term also removes interest risk. Thanks.
Thanks for your prompt reply. I agree the debt appearsvto be high. MNI has been doing some new fianacing which I hope helps. The YTD returns of the two companies is striking- RRD is down about 35% while MNI is up about 33%. I would not bet the farm on the MNI issue, but a little risk could raise the lowly return on some investment grade issues. Again, please keep your articles coming. The preferreds have substantially lowered their yields and below par bonds with shorter term maturities may be their replacement. And from time to time even longer term such as those we have discussed.
Merrily Going Off The Fiscal Cliff Together [View article]
Merrily Going Off The Fiscal Cliff Together [View article]
Value Pick: AG Mortgage Investment Trust [View article]
2 BDCs On Sale: Horizon Technology And Gladstone Investment Are Well Below Book Value [View article]
Arbor Realty Trust Is Attractive At Less Than Half Fair Value And A Yield Of 8.7% [View article]
Arbor Realty Trust Is Attractive At Less Than Half Fair Value And A Yield Of 8.7% [View article]
What's Up With iPayment Bonds? [View article]
In Search Of Yield: Yield To Call 24.07% For I-Star Preferred I [View article]
Why Exxon Mobil Is An 'Inevitable' Buy Now [View article]
All I Want For Christmas Are A Few Good REITs [View article]
In Search Of Yield: Yield To Call 24.07% For I-Star Preferred I [View article]
Why Opportunistic Investors Loathe A Calm And Happy Market [View article]
R.R. Donnelley: High-Yield Junk Bonds [View article]
Retirement Strategy: How Long Will Your Portfolio Last? [View article]
R.R. Donnelley: High-Yield Junk Bonds [View article]