Become a Member If you would like to read about this portfolio trade, consider becoming a member of Money For the Rest of Us Plus. Learn More About Membership » Earlier this week, David sold his experimental postion Bitwise Solana ETF (BSOL) The ETF holds Solana directly, stakes the underlying tokens, and reinvests the staking rewards into the net asset value rather than distributing them as cash. David decided he no longer had confidence in this trade after a number of negative … [Read more...]

Become a Member If you would like to read about this portfolio trade, consider becoming a member of Money For the Rest of Us Plus. Learn More About Membership » Today, David sold his position in the AGNC Investment Corp 7.75% Series G Fixed-Rate Reset Cumulative Redeemable Preferred Stock (AGNCL) and used the proceeds to purchase a larger position in the AGNC Investment Corp 8.75% Series H Cumulative Redeemable Preferred Stock (AGNCZ). David also established a new experimental … [Read more...]

Become a Member If you would like to read about this portfolio trade, consider joining Money For the Rest of Us Plus. Learn More About Membership » Today, David sold his position in the iShares Large Cap Max Buffer September ETF (SMAX) and used the proceeds to establish two new experimental positions: the Brookmont Catastrophe Bond ETF (ILS) and the IMGP DBI Managed Futures Strategy ETF (DBMF). Each new position represents approximately 1.8% of investable assets, an average position … [Read more...]

Become a Member If you would like to read about this portfolio trade, consider joining Money For the Rest of Us Plus. Learn More About Membership » Earlier this week, David sold his holdings of Gladstone Land Corporation 6% Preferred Stock Shares (LANDO). He originally purchased LANDO in March 2021 after selling his position in Gladstone’s common stock. David’s holding period return over the past 4.75 years, including dividends, was disappointing but positive, with an annualized … [Read more...]

Today, we implemented substantial changes to our model portfolios, providing more options and converting them to all ETFs instead of using mutual funds. We discuss these changes in more detail in Plus episode 540. Become a Member If you would like to read about this change to the Money For the Rest of Us Model Portfolios, consider becoming a member of the Money For the Rest of Us Plus. Learn More About Membership » Here is the list of changes: … [Read more...]

Become a Member If you would like to read about this portfolio trade, consider joining Money For the Rest of Us Plus. Learn More About Membership » Today, David made several changes to his portfolio to reduce fixed income while increasing stock exposure. First, David sold the DoubleLine Income Solutions Fund (DSL). He purchased this fixed income closed-end fund in December 2020 at a 6% discount to NAV. Today, the fund is selling within a few cents of its net asset value. 35% of … [Read more...]

Become a Member If you would like to read about this portfolio trade, consider joining Money For the Rest of Us Plus. Learn More About Membership » This week, David reduced his exposure to Bitcoin by 20% and to the Ether token (i.e. ethereum) by 40%. He sold Bitcoin outright and donated Ether to charity by establishing a donor-advised fund at Fidelity Charitable. Ether jumped 50% in July and 140% since April. Bitcoin increased 10% in July to reach an all-time high. It has risen 60% … [Read more...]

Become a Member If you would like to read about this portfolio trade, consider joining Money For the Rest of Us Plus. Learn More About Membership » Today, David sold three preferred stock positions to raise funds to invest in Oxford Lane Capital Corp. 7.95% note due 2/29/2032 (OXLCG). OXLCG is a baby bond, as discussed in Plus episode 529. The note is yielding 8% and is not callable until February 28, 2030. Oxford Lane Capital Corporation is a closed-end fund that invests in CLO … [Read more...]

Become a Member If you would like to read about this portfolio trade, consider joining Money For the Rest of Us Plus. Learn More About Membership » Yesterday, David purchased Eagle Point Investment Company (EIC) a closed-end fund that invests primarily in BB collateralized loan obligations and CLO equity. He also sold three individual equity REITs: American Homes 4 Rent (AMH), Invitation Homes (INVH), and Sun Communities, Inc. (SUI). EIC recently reduced its monthly dividend to 13 … [Read more...]