Yesterday I was able to buy unleaded 88 for my SUV for $2.35/gallon–getting a fill up for $35 bucks or so is sure less painful than the $50 fill ups of only a couple of weeks ago. Also helps consumer confidence – although there are always reasons for…
It looks like we have seen the peak in CD rates – at least for the foreseeable future. The highest rates I saw on Fido or eTrade were in the 5.8% area soem number of weeks ago. Fido is NOW showing rates of 5.35% for a 3 month CD, with lower rates furth…
Below are some press releases from companys that have preferred stock and/or baby bonds outstanding. Pebblebrook Hotel Trust Schedules Fourth Quarter 2023 Earnings Release and Conference Call Synovus to announce fourth quarter 2023 earnings results Pre…
I took some time this weekend to create a new “Laundry List” of my holdings–now in spreadsheet format with notes. As I have mentioned too many times we all invest differently and have so many different needs, resources etc. etc. etc. so my list is jus…
When I first thought about how to pay for the not inconsequential overhead costs of running a 5000 page website I was kind of skeptical about supporting the cost with ‘donations’. Certainly some websites operate on donations, but we are fairly speciali…
I had a partial good-til-cancelled buy order execute on Friday. I added to my position in Gladstone Land 5% term preferred (LANDM) when 1/2 of a GTC order executed. I had initiated my initial position on Wednesday @ $23.47 and added this new position @…
There is no doubt that this week will be ‘interesting’–everyone has to define interesting for themselves. Does it mean nothing at all happens all week as we head into the long weekend? Does it mean that interest rates plunge even further. Do investor…
Last night in Headlines of Interest a link to a CoBank publication on the “Year Ahead”. This 27 pages publication give their forecast for next year – primarily in rural areas of the country. It is an interesting read–it is here.
Lots of dividends and interest hitting accounts this morning along with CD maturities hitting yesterday and throughout the month I am looking to buy. Certainly the low hanging fruit has been picked, but there remains bargains to be had–assuming one be…
Below are press releases from companys with preferred stock and/or baaby bonds outstanding. UMH PROPERTIES, INC. ANNOUNCES ADDITION TO FANNIE MAE CREDIT FACILITY Sachem Capital Corp. Announces Dividend of $0.11 per Share Freddie Mac Multifamily Apartme…
Well we got the Jay Powell ‘gift’ yesterday and folks are still arriving at the party. While I loved the .4% gain yesterday I wasn’t expecting another .3% today—can’t complain. Folks are scouring for bargains–I think there remains a lot of them out…
I have to thank Fed Chair Jay Powell for the nice boost in my portfolios yesterday–about .4% up (50% invested in preferreds and baby bonds). On the other hand (I’m talking my book here) I really don’t want lower interest rates so quickly–the largest…