This morning I received a whopping big dividend from AGNC. I like dividend paying stocks, though I’m much much cooler on mortgage REITs these days.
Here’s a new category of high dividend paying stocks. They’re called business development companies They lend and invest money to venture capital and private equity backed companies and select publicly-traded companies. They sort of do what banks do, but better, faster and with more insight.
My friend likes these ones HTGC, SLRC, SUNS, FSC, GBDC and TCRD. They’ve held up well. They yield 7% to 9%.
There’s a bigger, (though older) list here. I’m mulling on this category this weekend.
My shorts keep kicking in — including RadioShack and Best Buy?
I think you can pretty well short sell most tech stocks — including AT&T (T), CSCO, GOOG, AMZN, AAPL, NFLX and possibly MSFT. Bounces today will help.
What happens under various administrations?
China news:
+ Starting at abject poverty, the family of China’s prime minister, Wen Jiabao, is now worth $2. 7 billion. according to a New York Times investigation. They started getting rich after he became super powerful in the late 1990s.Surprise. Surprise.
+ China is slowing down, which affecting everything from commodity prices to luxury good sales, viz:
You can see a bigger version of the chart here.
Weekend tasks:
+ Back your phone, your laptop and your iPad up. “My life is on that phone,” Susan said this morning, as she hunted for her iPhone.
+ If you’re using Microsoft’s Outlook, clean it up using Scanpst.exe, which you’ll find buried on your hard drive. It’s called the Inbox Repair Tool and works splendidly.
+ If you’re using Windows, run your virus checker for a quick disk scan. And clean your hard drive withthe disk clean up tool Click on C:, then Properties, then Tools.
+ The Economist has Special Report on A Sense of Place — Technology and Geography. click here.
Harry Newton who wonders if this is really PC. (But who really cares?)
Your presidential analysis of the markets omits the fact that Clinton had a Republican congress and Bush had a Democratic one. But nice try anyway.
What’s the old quote – statistics don’t lie, but liars use statistics. I assume this selection is from the NYTimes or such left leaning publication, wanting to make a point. The point that Obama hasn’t been that bad compared to that Bush guy. But you have to be totally blind, or very rich and above the fray, to think Obama has been anything but a horrible disaster for America and its economy (with the worst still ahead), to say nothing of world standing. Oddly enough, the ethic group most severely set back by these policies, based on unemployment and salary levels, are African Americans. Yet they support him 80% to 20%.