Featured Articles
Harvesting Profits
Tim McPartland | June 3, 2015
We were able to 'harvest' the profits from our Canadian holding, Premium Brands Holdings yesterday. Premium Brands Holdings is a specialty food company which has been active in purchasing small specialty brands and integrating them with their holdings, which include dozens of brands, expanding distribution and lifting profits nicely. It is interesting that we were able to harvest a profit…
Taking a Short Position – Updated
Tim McPartland | June 2, 2015
We have determined that we will go ahead and put on a short position--protecting against major falls. With todays weak equity market open we will wait for the next bounce (today or tomorrow most likely) and then purchase Proshares SP500 UltraShort shares (ticker:SDS). We will purchase 1500 shares which will protect the equivalent of the common shares we currently hold.The…
Data Center Power Failure
Tim McPartland | June 1, 2015
Our apologies for being down for 4-5 hours. Apparently the data center in the metro (Eden Prairie, MN) that serves as our host had a power outage. While I thought these things were covered with redundant power supplies I obviously am incorrect.
Wrapping Up Income Portfolio Performance Through May
Tim McPartland | June 1, 2015
We have taken a few minutes to wrap up portfolio performance through May 31st and while performance has been darned good we have more than a few concerns for income investors looking ahead to the next months. Our recap is here.For this week we have the Greek 'situation' which continues to drag on--likely there will be a remedy that will…
Wrapping Up Portfolio Performance Through May
Tim McPartland | May 29, 2015
May 31, 2015 11 pmConservative, income investing has become infinitely more difficult in the last 1-2 months as markets have gyrated while attempting to figure out the future direction of the U.S. and the global economy. As is normal there remains no concensus on anything. We don't think that it will be any easier the rest of the…