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Stimulus Ca$h on the way for millions of Americans.

💰🤑💲💵💸🤑💰


IRS Reportedly Confirms $1,390 Stimulus Checks For Eligible Americans​


https://finance.yahoo.com/news/irs-reportedly-confirms-1-390-113105179.html

The power of the Internet. Find a source any place in the world, and all of a sudden that becomes the truth.
It’s not the truth right in the article is says that this story is coming out of India. Of all places you would think if it was legitimate it would be announced all over the news media in this country

“according to a report by India’s The Economic Times newspaper”

Furthermore, right in the story, the IRS denies it🤣
 
I am getting agencies called also. I just looked at 7 yr FFCB's yielding 5.25% ish to maturity but only 1.6-3.7% to call. Our bond market changing to these European style continuous calls is so frustrating. I guess I'll look at adding to my CLO ETF's CLOA, JAAA, and PAAA. Any other ideas on income investments would be much appreciated.
 
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I am getting agencies called also. I just looked at 7 yr FFCB's yielding 5.25% ish to maturity but only 1.6-3.7% to call. Our bond market changing to these European style continuous calls is so frustrating. I guess I'll look at adding to my CLO ETF's CLOA, JAAA, and PAAA. Any other ideas on income investments would be much appreciated.
I use those as well, not as stable as I hoped, but good.

VGLT and sell covered calls.

SGOV, BILS. BUXX, GSST, OBIL

JBND

Find the best MM accounts

Some BDC's are still reasonable

Shop the odd high yield risky funds. QDVO has done great for me, QQQX killing it. QQQI I was doing great, then my option was executed (all profitable, will buy back in). CEF's doing well CII I'm up 40% since April. Even PDI, PAXS, PTY, and PDO doing well.

Shop preferreds, pick 5 favorites and wait on them for a good price. Be patient.
 
Thanks Pablo that's great. I own BUXX and GSST. I own some BDC's and quite a few BDC bonds. I can't figure PSEC out. I know the analysts are afraid of their PIK credit exposure but they truck right along making bond payments on time. Their new issues this morning are yielding 7.5 to 8.0% on 3-7 yr bonds. I can't pull the trigger though. I love CEF's but I like to buy them at low Z scores and larger discounts than their 3 yr avgs.. Hard to do that right now. BGT is one of my favorites but right now it's at a 2.99% premium. I'm fixing to go look at your other suggestions. Do you have any thoughts on EIC or RCTIX? Again thanks very much.
 
i believe in selling high and buying low. Unlike many amateur investors who chase stocks that are soaring and panic selling those that have gone down. In July I sold my entire tech and AI related portfolio and bought beaten down stocks paying decent dividends in the 6% to 7% range.
 
i believe in selling high and buying low. Unlike many amateur investors who chase stocks that are soaring and panic selling those that have gone down. In July I sold my entire tech and AI related portfolio and bought beaten down stocks paying decent dividends in the 6% to 7% range.

I believe that's called timing the market. Impossible over the long term. Otherwise you'd own an island by now.
 
I am getting agencies called also. I just looked at 7 yr FFCB's yielding 5.25% ish to maturity but only 1.6-3.7% to call. Our bond market changing to these European style continuous calls is so frustrating. I guess I'll look at adding to my CLO ETF's CLOA, JAAA, and PAAA. Any other ideas on income investments would be much appreciated.
I assume since no one is buying, they have all their payments and no new mortgages to buy?
 
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