Two Decent High Yield Products Now That, Thanks To The Republicans, FED Tapering Is Off The Table Till At Least June 2014.
.by Anura Guruge
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I live by high-yield investments.
That is not a figure of speech. I really do. For the last few years I derive all the income we live by and send two kids to expensive Colleges in Massachusetts through high-yield investments and some judicious juggling of the daily 0% APR offers I get from credit-cards.
So when it comes to high-yield, dividend-paying products, it is NOT theory when it comes to me. It is very much practice. IF I screw up not only do we lose money but we have less income.
Yes, of course, IF I was rich and had a few million like most folks in Alton do, getting income, even in these days of ultra-low interest rates, would be easy. The challenge is getting income in today’s low-interest market when you DON’T have a couple of million dollars to invest.
I have already talked about my on-and-off, infatuation with BJBHX — Aberdeen (née Artio) Global High Income Fund. BJBHX, which I have owned for 4 or 5 years, if not more, is my backstop. Literally my bread-and-butter.
Then I mess around with other products. Yes, I do hours of research. I do NOT trust anybody. I do my own. Maybe when my son starts his hedge fund (and he is already out canvassing folks) I might let him manage some of the little I have.
In the meantime I thought, now that tapering is OFF the table till June 2014, and do NOT believe the April 2014 garbage, that I should share some of my hard gained knowledge with you. These two, EOS and SDIV serve me well. I have been with them less than a year and yes I took a blood-bath, from which I have since emerged unscathched, when the original tapering talks started in the Summer. Now older (and probably a tad wiser (though that wasn’t hard given the very low bar I was coming from)) I had decided that I was going to weather the tapering storm because in time, GOOD investments would recover. Then came the Republicans and the Government Shut-Down. As I shared with YOU, I started smiling BECAUSE I, a political, news and financial junkie, knew how the cards will get dealt. I was right. Tapering was history.
So check out these products. YOU MAY BE TOO LATE. So be cautious. Prices are going up.
Way To Go Pope Francis. Pope Finally Flexes His Muscles. Suspends German ‘Bishop of Bling’. Bravo. Bravo.
.by Anura Guruge
>> Francis ‘Peter the Roman’ —
>> Oct. 18, 2013.
>> Pope stories you may have missed
>> — Oct. 17, 2013.
>> ‘Lesus’ for ‘Jesus’ medal … — Oct. 11, 2013.
>> Ex-pope unhappy with new pope — Oct. 5, 2013.
>> Francis’ inclusiveness comments … — Sep. 22, 2013.
>> Gold pallium pins … — July 28, 2013.
>> Pope Francis’ 100 days in office … — June 19, 2013.
++++ Search on ‘pope‘ for other pope related posts >>>>
Funny thing that. This morning, while taking my shower, I was wondering whether Pope Francis will do anything about this idiotic German ‘Bishop of Bling‘.
As some of you know I have been worried that the pope had yet to find the tiller on the Barque of St. Peter and was fumbling around.
At last something truly decisive and replacing my hero Lord Tarcisio Bertone does not count since he was way, way, way over the retirement age and had to go by the end of this year.
This suspension, though short-term and temporary, is GREAT. Bravo. As we would normally say: “Atta boy Francis”. Way to go.
Now, make this permanent, fire a few more thousand rogue clerics (many openly gay) and you will have started to make a SMALL DENT in the problems you face.
Made my day.
.by Anura Guruge
A recent report that there was a supposed ‘explosion’ on ISON, C/2012 S1, and then the report yesterday of C/2012 X1’s explosion, has again reignited the year-old mumbo-jumbo that ISON is Nibiru and it is set to destroy the Earth.
This is rank garbage.
The supposed ‘explosion’ on ISON was just a normal gas OUTBURST when a new vent opens up on the surface as it gets closer to the Sun. That is par for the course. Think ice-cube in microwave. It was NOT hit by a large asteroid — which, yes, could have changed its course. ISON’s course has not changed.
On November 2, 2013 as it first crosses the Earth’s orbital path it is going to be a long, long, long, long, long … long way away from Earth — like 1.2 TIMES the Earth-Sun distance! Yes, it is going to be 1.203 AU out. That is 111.8 MILLION MILES (and even further out in stupid Kms). So, no danger there.
Then we have perihelion on Thanksgiving Day.
It is after that, hopefully on Boxing Day, that we will have the closest fly-by.
But IF it survives perihelion ‘intact’ it will breeze by 39.9 MILLION MILES AWAY.
Will Exploding Comet C/2012 X1 (LINEAR), Coming Behind ISON, Will Beat 17P/Holmes To Be BIGGEST Object In Solar System?
.by Anura Guruge
Astronomers are still trying to work out the details.
I have checked all of the obvious places, such as Minor Planet Center (MPC) and NASA. Nothing yet.
IF it overtakes 17P/Holmes to take the record for the LARGEST known object in the Solar System, even if it was only for a few days,
that would be cool.
I will be on the case.