Search results

  1. B

    Receiving a hard copy payroll check from your employer.

    At our company you have a choice. It is either direct deposit or you can have it put on a debit card they provide.
  2. B

    What are you working on today?

    Changed the CVT fluid in our Corolla today. As usual thinking about it was worse than doing it. 75000 miles on it. It was a Hertz car so I was afraid it had been somewhat abused at times but the fluid didn't look too bad. More purple than red but not too bad. I feel better getting it done and...
  3. B

    *Investors Blog*

    I have a good many JBBB out on loan and some JAAA. No options on either.
  4. B

    *Investors Blog*

    Ya'll made me curious so I went and checked. I've still got several out on loan.
  5. B

    *Investors Blog*

    Mine were still there last week but most of mine are stocks without options.
  6. B

    *Investors Blog*

    Great the Fed can't hit inflation targets so let's just change the formula and shave off .3% in one whack. Some things never change.
  7. B

    Stocking Up On Motor Oil

    I scored some Supertech full synthetic 5w30 and 0w20 5qt for $17.97 today. One of the Walmarts in our area had it. The 5w20 next to it was $25 and change. Thankfully it was a store near where my son lives. Tractor Supply here has Traveller synthetic 5w30 5qt for $19.99. I've got about a 3 year...
  8. B

    *Investors Blog*

    BINC is interesting. They own everything from AAA to below B. Top 10 holdings are Fannie Maes and Republic of Italy and Spain stuff. Morningstar has them below average risk for their category. Current yield 5.13% is good too. Again interesting.
  9. B

    *Investors Blog*

    According to Grant's the sweet spot in the bond market is selected lower rated corporates like B to BB+. I've been looking at high yield corporate CEF's today. I found four with negative z-scores and larger than 3 yr average discounts. These are also Morningstar 4 or 5's as well. Reasonable...
  10. B

    *Investors Blog*

    Not disputing any of that but why do you think the 2- 3 yr fixed yield went up so much in 1 week? The 10 yr fixed yield went up like 6bps.
  11. B

    *Investors Blog*

    For some reason 2028 and 29 maturity TIPS sold off since last Monday and fixed yields are now 2.25% ish. I don't pretend to understand this. 10 year TIPS are at 2.32% ish this morning fixed.
  12. B

    *Investors Blog*

    I took lots of risks from 1982 to 2005. Since then I stopped trading futures and selling naked options and heavy stock allocation. I still own stocks just a much smaller allocation. No one size investing fits all in my opinion. I'm happy with where I'm at. Good trading.
  13. B

    *Investors Blog*

    3-3.3% was a very good return with the inflation factor from 2010 to 2020 in my opinion. It suits my needs to a T. For an ultrasafe investment I like them. To each his own. My wife is very risk averse and I sleep well at night holding IBonds and TIPS.
  14. B

    *Investors Blog*

    I just picked up some 5 yr ones at 1.935%. I'm laddering my bonds out to 9 years. I also picked up some Deutsche Bank 5 yrs at 5.28%. I've had good success with IBonds I bought in the early 2000s. Several with fixed yields of 3-3.3%.
  15. B

    *Investors Blog*

    TIPS are popular with me. I just picked up some 7yr ones at a fixed yield of 2.078%. 9 year ones are at 2.223%. Good investing to all.
  16. B

    *Investors Blog*

    I did see that. He is bullish emerging stocks. He has been for several years. It's interesting because they have to be somewhat invested at all times and he does have a bearish view still GMO's stock funds have done well according to Morningstar. 4 stars except for Class 1 which is 3. 125...
  17. B

    *Investors Blog*

    No problem here I didn't mean to sound argumentative. I' m a permabear myself though I like to call it defensive contrarian investing. As Jimmy Rogers says buy when there is blood in the streets and it seems everyone's selling. GMO manages 63 billion. They admittedly take a contrarian bearish...
  18. B

    *Investors Blog*

    Well he called 2000 and 2008 markets. GMO also called the recent emerging rotation. They forecast 7 years out. Time will tell. If you're a momentum player or a trader he's obviously not someone you pay attention too. For long term value investors he has a great track record. To each his own and...
  19. B

    *Investors Blog*

    Jeremy Grantham recently said that we are in a historic bubble led by AI. For us mean reverting value players that means something.
  20. B

    *Investors Blog*

    For entertainment I've thought about trading the spread on some of the thinner preferreds. I traded milk that way for awhile. Easy money but slow.
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