I haven’t written about closed-end funds in a while, so when I was skimming through the possible teaser pitches I might cover today this one caught my eye. It’s for Sovereign Man’s 4th Pillar newsletter, helmed by Tim Staermose (it’s pricey at $1,995/year but does, at least, offer a 30-day money-back refund, something most of […]
Happy New Year to the best readers in cyberspace! I hope your 2019 is fabulous… and that you don’t have too many heart palpitations following the last couple weeks of market and political brinksmanship. I haven’t written to you in a while, thanks to my much-appreciated time away with family and friends in the mountains, […]
The latest pitch from the Oxford Club is all about another change from Trump’s Washington that they think will make you rich — and they’re not at all shy about throwing some hyperbole on the fire, saying that Trump will “unleash the greatest investment of all time.” So what is this investment they’re hinting at, […]
As most of the Irregulars know, I try to get to all of the Value Investing Congress conferences, and I share my thoughts and notes on many of the stocks (and often invest in a few, eventually). This time I was able to make it to town in time for the pre-conference Workshop, which involves […]
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I bought 1,000 shares each of Fannie Mae (FNMA) and Freddie Mac (FMCC) on January 7, 2019. I bought 1,000 shares of each...
The expectation of many of his fans and backers in the hedge fund world was “last year” ... so your guess is as good...
The common is under $2, some of the preferred trade around $8....
That is true. As noted above, dividends on both preferred and common stock were suspended when the government took cont...
They're teasing the preferred shares, not FNMA common. There are a bunch of different suspended preferreds, neither the...