The parents (markets) are enjoying a tranquil period. The volatility index (VIX) is low, and stocks and bonds both posted positive returns for the quarter. The kids (Democrats and Republicans) are fighting again, but the markets seem to vacillate, from believing stimulus and reform are coming [Read more…] about A Long Cocktail Hour – Investor Newsletter – 2017 Q1
An Investment for Value and Yield in Equity CEFs
Within the equity closed-end fund market, several funds exist with a primary objective of generating income and capital appreciation. While some believe this type of investment does not have a place in a traditional growth-oriented equity portfolio, there is an investment case for such strategies. In fact, this segment of the market can provide great value [Read more…] about An Investment for Value and Yield in Equity CEFs
What The Trump Tax Proposals Mean For High Net Worth Retirees
The dust is starting to settle from one of the most bitter and contentious presidential elections in memory. If you’re retired, potential Trump administration tax changes provide a good opportunity for you to review your long-term financial plans and uncover areas to implement new strategies [Read more…] about What The Trump Tax Proposals Mean For High Net Worth Retirees
Durable Income Strategy Investor Letter – January 2017
For the year ended December 2016, Durable Income generated a 21.27% net return vs the Barclays High Yield Index Benchmark return of 17.13%. Since inception (June 1, 2014), Durable Income has generated an 8.44% annualized net return vs the Barclays High Yield Index’s annualized return of 3.62%. Durable Income invests in exchange traded, income oriented securities with the underlying goal [Read more…] about Durable Income Strategy Investor Letter – January 2017
“Surprise, Surprise, Surprise” – Investor Newsletter – 2016 Q4
The quote from America’s most famous fictional Marine, Gomer Pyle, comes to mind when reviewing events of 2016. The year got off to one of the worst starts ever as the S&P 500 dropped 11% in the first six weeks and oil traded below 30 dollars per barrel. The Brexit vote in June proved all the pundits wrong. Finally, the election of Donald Trump to be the 45th President of the United States certainly was the ultimate surprise [Read more…] about “Surprise, Surprise, Surprise” – Investor Newsletter – 2016 Q4