I trust everyone had too much food and too much football yesterday. Hopefully everyone had time to reflect on what they had to be thankful for—I know my wife and I talked about it as we have done in recent years. We can find plenty to complain about, but in reality we have way more to be thankful for–in particular family, health and to a smaller degree wealth. Our wealth isn’t such that we can toss money away on non important items continuously, but adequate to provide the basics in life that are important to us.
I am also thankful for the readers and commentor’s on this website. Certainly this website provides pleasure to me or I wouldn’t work on it so much—honestly if I didn’t have this to work on I would be a bit lost after 16 years. This past Wednesday I received a Thanksgiving card and ‘donation’ from a long time reader–with it a bit of his personal ‘story’. Items like this make working on the website worthwhile (not the donation, but the story).
Ok so today futures are up a bit and historically today should be in the green by around 1/2% or so. Interest rates are up 1 basis point at 3.71%.
As has been typical in recent weeks and months I will do little or nothing today market wise. I could nibble a small amount adding to current positions, but it will be very small. November has been a good month for me with reasonable gains as we approach the end of the month–I always love the end of the month with dividends and interest payments pouring into our accounts on the last day of the month or 1st of December – helping to fund some nibbling next month.
Next week on Monday we have no real economic data being released–Thursday and Friday will bring the real news with the PCE price index on Thursday and then November employment numbers on Friday. These will be contributing data points for the December FOMC meeting decision of either a 50 or 75 basis point rate hike so they will be closely watched.
24 thoughts on “Wrapping Up a Thankful Week”
Tim I also would like to express my gratitude, for the work you do and the community of this site. Having been on for 3 years now, Its certainly added stability for rational decision making with out all the noise. Im here daily laying low, educating myself in retirement Thank you again, And have wonderful Holidays!! Cheers!!
Thanks you CaptRob–most folks here are ‘lying low’.
Thank you for all your efforts they are much appreciated.
Thanks for keeping your site apolitical…means a lot these days
Thank you Thank you Tim. Very appreciative of all you do on this site.
Have a very Happy Thanksgiving weekend to you and your family
Tim, thank you for the great resource. I followed you many years ago, maybe just after you started and have recently found your site again and read it as often as you post new info. Happy Thanksgiving to you and your family, looking forward to many more years ahead.
Thanks so much for your work on this web site.
I’ve learned a lot from your efforts and fellow posters but more importantly, it’s become a welcoming community of fellow income investors. Checking in on the site is one of the more enjoyable parts of my days.
Thank you Tim. And, I wish for you and your whole family good health, peace, and true happiness now and always.
Thank you Tim. And, I wish you and your whole family good health and true happiness now and always
Happy Thanksgiving to all and special thanks to Tim for his hard work starting and maintaining this great website. It is a great place to learn, laugh and get some excellent ideas for fixed income. Keep up the great work!
Thank you, Tim and all other contributors. So much helpful information as I
wander the financial wilderness. I’m kind of a glass is half empty guy, so I need to count my blessings more often also. Thanks again and best wishes to you and all.
Thank you Tim for a wonderful Preferred share investing community and a great resource
What a wonderful gift you have created and sustained for all who come here.
It truly is the best site for investing. I’m thankful for all the folks who contribute to our common goals.
BIG thanks- ( I’d be happy to contribute too)
I have learned so much from website and others here as well The best preferred website on the web.
First of all, Happy Thanksgiving to the McPartland family. Thank you so much for all the hard work you put into this website and for being our “rock” when things get a bit rocky.
Five years ago I didn’t have a clue about preferred stocks or baby bonds then I literally stumbled upon your site. I am 74 and will be retiring next April. Yes, a late retirement, but it would not be possible yet without the portfolio I have built under your guidance and those who contribute to the website. My wife and I thank you all, Happy Holidays !
Also big thanks from Flanders in Europe
Have been learning a lot on your website.
The concept of high dividend investing does not exist here.
Also the tax is different.
Anyway, keep up the good work.
Tim, thanks for all you do. This site is my “safe harbor” where there are great people get along and help each other.
Thank you, Tim, for your efforts here for all us preferred investors. Also thanks to the many contributors who are a great resource for us all. You all make this gathering of investors a vital resource. Again, thank you.
I sure thank you, Tim for all you do. It´s that feeling of being part of a community that I haven´t found any other part which makes this place special.
Happy thanksgiving to all of the contributors that make it possible
Happy Holidays Tim! Love this website and all you do. I am thankful for this site.
I’m pretty much in a holding pattern for most things too. Feel we are in a bear rally that will turn over in the coming weeks or next quarter.
I’ve worked on some income strategies for the bearish part of bear markets. Just waiting…
Thank you so much for the best website for income investing. With my gratitude to you and many contributors, Happy Thanksgiving to you and your family.
A lurker who is a day later and a dollar short as usual but I wanted to add my name to chorus of “thanks” for this great site. Tim wishing you and yours a great holiday season and a blessed Christmas.