Featured Articles
National General Holdings 7.50% Non-Cumulative Preferred Stock- Series B
Tim McPartland | March 24, 2015
Date Issued 3/24/2015Shares Issued 6,000,000 Overallotment Shares 900,000S&P Rating NR Moodys Rating NR Company AM Best Rating A-Security Ticker Symbol NGHCO OTC Temp Ticker NTGKP Market Traded ON NASDAQDividend Payment Paid on the 15th of January, April, July and October beginning on 7/15/2015Quarterly Dividend .469 Annual Dividend 1.875Securities may be redeemed, at the issuers…
Buying a Bit Tomorrow (Tuesday)
Tim McPartland | March 23, 2015
We have been waiting for new issues to come out--preferrably shorter duration notes, to do some buying, but it appears that we could be waiting a long time at the rate these have been being issued. In the last month only the newer Arlington Asset Investment 6.75% Senior Notes have been issued. This issue is a lower grade than we…
Drilling Down a Bit on ‘Term’ Preferred Stocks
Tim McPartland | March 23, 2015
We have written a article on 'Term' Preferred stocks on Seeking Alpha. It is a little deeper than we have written on these issues for quite some time.The article is here. Free registration is required.
Back to Quiet Stable Markets (For a Day)
Tim McPartland | March 23, 2015
Well I guess everyone is tired after the weekend--or traders simply can't find any balony reasons to move interest rates and stocks much higher or much lower. Watching markets way too closely we find modest moves up or down to be very relaxing--not a care in the world today (except the 10" of fresh snow in my driveway and my snowblower is in the…
Goldilocks Markets Continue
Tim McPartland | March 20, 2015
Interest rates continue to drift lower and stocks continue higher. Almost perfect for our portfolios (although someday this will all end badly---when?--who knows). These returns are almost scary to a conservative investor.Even oil today bounced, which is just that a bounce--a massive 10 million barrel inventory build again this week will ensure we head lower again--probably Monday. It is now…