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 added to growth-oriented stock ETFs that will hopefully benefit from the advancements in artificial intelligence discussed in Episode 439. The two ETFs are the Harbor Long-term Growers ETF (WINN) and the iShares Exponential Technologies ETF (XT). Harbor Long-term Growers ETF The Harbor Long-term Growers … [Read more...]
424 Plus: CLO ETF Trade, Bonds vs Stocks, Preferred Stock Dividends, and AI ETFs
In Plus episode 424, we review a recent portfolio trade David made. We look at the valuations of stocks versus bonds. We consider why more preferred stocks are non cumulative versus cumulative. Finally, we review an ETF that invests in AI. Become a Member If you would like to listen to this episode of Money For the Rest of Us Plus, you can do so by becoming a Money For the Rest of Us Plus member. Learn More About Membership Options » 424 Plus Show … [Read more...]
Portfolio Trade: Purchased Individual Treasury Inflation Protection Security
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 » On Wednesday of this week, David purchased this TIPS that matures in October 2027 through his online broker. The cusip is 91282CFR7.This inflation-index bond was first issued last October with a coupon rate of 1.625%. The coupon rate is used to calculate the semi-annual interest payment.That coupon rate was the highest of any … [Read more...]
Portfolio Trade: Buying 10-Year TIPS at Auction
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 » This week David participated in the reopened auction for the 9-year 8 month Treasury Inflation Protection Security that was first issued in July 2022. The CUSIP number is 91282CEZ0. At the auction, the security was priced with a real yield of 1.485%, the highest yield on a TIPS security since 2010. There is a discussion of … [Read more...]
Portfolio Trade: Adding Individual Treasury Inflation Protection Security
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 purchased an individual Treasury Inflation Protection Security in the secondary market through his online broker. The inflation-indexed bond matures in April 2024 and was priced with a yield-to-maturity of 1.3%. The original coupon rate is 0.5%. Here is the CUSIP number for the bond: 9128286N5 U.S. real … [Read more...]
395 Plus: Is the U.S. in a Recession? and David’s Recent Portfolio Changes
In Plus Episode 395, we analyze the U.S. Q2 GDP report, and other leading economic indicators to assess recession risk. Then we discuss what if anything investors should do. Next, we discuss the changes David made this past week to reduce risk and simplify his portfolio structure. Become a Member If you would like to listen to this episode of Money For the Rest of Us Plus, you can do so by becoming a Money For the Rest of Us Plus member. Learn More About Membership Options » … [Read more...]
Portfolio Trade: Further Reducing Gold Exposure
Become a Member If you would like read about this portfolio trade, consider becoming a member of Money For the Rest of Us Plus. Learn More About Membership » Yesterday, David sold his position in the iShares Gold Trust (IAU). David added this position in December 2016 at a time when gold was selling for $1,150 per ounce. Gold performs best when U.S. real interest rates are low or negative. With the Federal Reserve raising its policy rate, real rates are likely to increase as … [Read more...]
Portfolio Trade: Closing BlockFi Interest Account
Become a Member If you would like read about this portfolio trade, consider becoming a member of the Money For the Rest of Us Plus. Learn More About Membership » Yesterday, David closed his BlockFi Interest Account (BIA) which was denominated and earned interest in the GUSD stablecoin. David added this position in April 2021. At the time, the BlockFi Interest Account was paying an interest rate of 8.6%. BlockFi has significantly reduced the interest rate it pays on GUSD … [Read more...]
Portfolio Trade: Reducing Gold Exposure
Become a Member If you would like read about this portfolio trade, consider becoming a member of Money For the Rest of Us Plus. Learn More About Membership » On Wednesday of this week, David sold his position in the Sprott Physical Gold Trust (PHYS) in order to generate a capital loss to partially offset his gains from selling Ethereum earlier this year and to free up capital to invest in a cash flow generating asset that has yet to be determined. David added PHYS in September 2020 … [Read more...]
Portfolio Trade: Adding Bank Loan Closed-End Fund
Become a Member If you would like read about this portfolio trade, consider becoming a member of the Money For the Rest of Us Plus. Learn More About Membership » Yesterday, David purchased shares in the BlackRock Debt Strategies Fund (DSU). This fund primarily invests in non-investment grade, variable rate, syndicated bank loans. The fund was selling for a discount to net asset value of 10% at the time of purchase compared to a 3% average discount over the past year. DSU was … [Read more...]
