I just got back from TheStreet.com office where I did an interview with Gregg Greenberg that should be up shortly.
I think the interview went well but the chair was so small that I think I am going to look stuffed into my suit; doh.
It seems like any time I am away from home the market does well. Trying to manage money becomes a whole lot easier if the market is up everyday.
Speaking of the market it still seems like it is trying to figure this ten year bond out. I doubt Tuesday was last of the ten year-induced one-day market pukes.
Lastly, I am scheduled to appear on Squawk Australia tonight at 6:30PM eastern, 3:30pm pacific or 12:30 pm in Hawaii.
Wikinvest Wire
6 comments:
I often think I must have the worst time management skills in the world or other people must live in a different time continuum.
Roger you seem to jet from one place to another yet have time to write a blog....I find it amazing. I have to assume that you have no kids, wife, pets or living plants. On top of it all somehow you manage to be on top of all the little jokes of television such as the Simpsons....when the heck do you have time for all this....do you sleep?
Andy, au contraire--Roger does have a wife and pets AND both of them are avid volunteers in addition to their day jobs. Now, I've not seen him mention children...having those on top of everything else would just make him a saint!
and the "both of them" was meant to be Roger and his wife, though I suspect that his dogs volunteer for things that Roger would prefer they not do.
Roger I'm still waiting for the Anon post that admonishes your traveling while you are managing OPM.
Roger..or Leisa....
If I was to want to research income vehicles...that offer yield and intl representation(domesitic and foreign choices)....that allow me to drill down to stocks as well as cef's....do you have any third party/web site suggestions? Asset clases that interst me: preferred stocks, reits, income trusts, gov bonds, or corporate bonds.
Morningstar, for instance, does not do a respectable job of culling through cefs, only oefs. Thanks!
Andy
Quite candidly my job is simply to be on the internet reading, watching and learning. I have almost no client interaction which would take time away from just studying the market to try to make decision.
The writing is mostly a by product of my study and so is fairly easy time-wise.
No kids, four dogs and most importantly one very understanding wife.
When we go somewhere, regardless of why we only have half the day as I stay by the computer. I can't guarantee being correct about anything every again but I can guarantee diligence.
Leisa, invariably i get one heckle while I'm on a trip and this time was no exception on a post from a day or two ago, lol.
As far as an all in one site--no suggestions. Quantumonline.com is great for preferred stocks and a couple of other things. ETFconnect has a lot for CEFs and ETFs and I get a lot from the sites of the ETF providers. Hope that helps
Some good income trusts from Canada are: HTE; PWI & CNE. They are high yielding oil & gas trusts as you may already know. (I also own PWE)
I find that owning a little of each is better than just owning one. They yield about 13%, and I'm up about 8-11% on equity since my purchase in April. They usually go up until late August, and then go down in price through Nov-Dec.
If you just want the yield you can hold them all year. I usually sell in late August and re-buy in Dec.
I don't suggest that you put more than 10-15% of your portfolio in these though, although I think that they are safe. You never know what could happen to the price of oil in the world.
But if oil did plummet in price and you were holding these trusts, it would only be a matter of time before some global problem would shoot back up the price of oil. It will never stay low again do to demand IMHO.
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