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    Proof if you're the genius you think you are

    That's not an IQ question. It is how well educated you are. Bias.
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    Closed-end Fund Income Investing

    + JPS @ 12.50 Closing NAV (12/21): $14.85 Share Price: $12.50 Premium/(Discount): -15.8% Current Market Yield: 8.9% Nav 'only' up 4% this year. I'll take that yield, thanks. Beats a pissy 5.10% on corporate 10 year, even after taxes. Some insider buying in related nuveen...
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    "The China Price" - The best business article I have seen in years.

    I have been struggling with the China question now for about a year and while I have made some progress, I am still not entirely clear what is going on there. For the moment, I continue to treat it as an emerging market economy & invest accordingly (i.e. small), although I do have a preference...
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    Ben Bernanke Bonds and the greenBack

    I dunno... from what I remember of that old elliot wave alchemy, feels more like we are in a third wave right now than a fifth. Spike in gold prices is probably strongly related to middle eastern buying as a place to deposit their profits, or the effects of their buying at lower levels with...
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    does the money make you happy?

    gawsh..... I feel like sally field "You like me, you really like me!" Since you have encouraged me, I'll complete the post which I had stopped because it got (like most of my posts) too long. Many years ago, I was faced with the (relative) potential for a mega-bucks future. The only...
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    Yield Curve more or less flat

    Thank you. That was a useful post. I agree with the point on the TIPS - great time to buy if you are willing to deal with anemic returns for a while. If things ever really go deflationary, then you don't really lose too much. Just expect to hold for a while. Maybe a long while, if you are...
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    Closed-end Fund Income Investing

    I'm really just getting into these... I really like the loan participation funds. If long term bond yields keep dropping I think it is only a matter of time before these are "discovered" and go back to premiums. Thereafter, I'm out, thanks! Two more that are fun: particularly EVV - go...
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    8.5 Gb DVD-RW media really exist?

    Hey... VHS was actually technically inferior to betamax and see how long that lasted... it is all about which unit the consumer chooses - the one which is usually less hobbled and proprietary wins.
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    does the money make you happy?

    IMHO the sole purpose of wealth is for insulation and self preservation. The question is - how much money do you really need and how much are you going to be able to earn? For most purposes, if you are willing to forgo the conspicuous consumption trap, at about 2.5 mil you and your family...
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    Yield Curve more or less flat

    FF at 4.25 10 year at 4.44 Diff= 0.19 % chance now increasing to 20-25% of recession via that chart posted earlier a few pages back.
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    Closed-end Fund Income Investing

    I think that REIT sales occur with surprise rate hikes after March, so I will wait a while on those. Tks for the opinion, tho.
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    Closed-end Fund Income Investing

    Tricontinental = TY Z seven = zsev.pk Never mind about Z seven - they are open ending the fund. So then what about the old standby ADX? Particularly for the 5% stake in PEO? 15% discount Here are a few fun floating rate loan participation funds to check out: EVF: Discount 11%, yield...
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    Closed-end Fund Income Investing

    OK people... year end here and discounts are getting pretty big for Tricon and Z seven. What do you think?
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    traders who are deeply religious

    Do good and do well. Nothing wrong with that.
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    IIF Rights offering

    Its useful to find out before you start heavily investing in CEF's how your broker and their clearinghouse will handle CEF's. Pershing, which Vanguard and other banks use, doesn't support CEF's for dividend reinvestment (according to my broker who I asked today). So, basically, you have to...
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    800k to lose jobs next year due to housing

    Best thing I ever did for my wallet was pick up and leave NYC... nice to visit a few times a year though. And now I can afford those outrageous hotels!
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    94.1 pp for november...Fed rate hike ideas?

    of course they are going to raise another .25 , and after that another .25. wait to see what happens after march instead. Long bond yields MUST rise.
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    Closed-end Fund Income Investing

    Please share... commercial REITS are a much safer bet, I agree. But I do think that investors, in general, will dump REITS once weakness in the housing market is clear to all. OTOH, that should give us some very nice discounts in the REIT CEF's for a while, but it may be a long haul and...
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    Closed-end Fund Income Investing

    I too am beginning to get bit by the CEF bug. I bought into EVF, another floating senior loan fund recently. With rising rates, and a rising dividend yield currently at 7%, and a 10% discount to NAV, I decided to pull the trigger. The fund is 20% leveraged. Since senior debt is...
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    Why is the usd/chf vs eur/usd inverse correlation?

    USDCHF and EURUSD are tightly correlated because of old relationships between the cross rate that existed between the DMK and CHF. That cross was pretty stable if I recall, largely because of the defined bands of the european monetary union, which produced the ecu, which was the predecessor to...
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