Financial Velociraptor

A closed end municipal bond fund at steep discount to NAV. music selection:  “Fool Like You” — Ozzy Ozbourne Many investors are looking for safety and yield right now.  A great place to look is the municipal bond space.  These

Start of a series on the Side Hustle. music selection:  “Check Yes Juliet” — We The Kings For several weeks going forward, I will be covering things I read in James Altucher’s “Side Hustle Bible.”  These posts will mostly arrive

Microsoft as an example. music selection:  “Vasoline” — Stone Temple Pilots weigh-in:  196.6 +0.4 I’d like to write a diagonal call on Microsoft (MSFT).  Recently volatility has me respecting a basic form of technical analysis.  I want to see the

Not seeing much that is attractive in fixed income right now so reviewing holdings. music selection:  “Union of the Snake” — Duran Duran I believe in having a strong fixed income allocation in early retirement.  I’m mostly in closed end

Sold covered calls against two positions. music selection:  “Listen To The Music” — The Doobie Brothers weigh-in:  196.2 (0.8) Options income is down greatly as I have given up a lot of the asset base I write positions against due

Updated guidance on Chuck E. Cheese bond. music selection:  “Heavy In Your Arms” — Florence and the Machine I have been waiting some time to get into the Chuck E. Cheese (CEC) 15FEB2022 maturity 8.000 coupon bond.  Yesterday, a few

  Each month, I break down my finances and financial progress.  This serves primarily to keep me accountable.  I hope it also helps others see the power of an income centric approach to early retirement investing.  Today’s report covers the

New guidance on MONINT. music selection:  “Don’t Let Him Go” — REO Speedwagon I have two changes to report to my portfolio of distressed bonds.  First, I sold the LB 1NOV2035 maturity 6.875 coupon bond.  I originally purchased on 1OCT2018

Several positions expired over the weekend. music selection:  “H.” — Tool weigh-in:  196.6 (1.9) ON and SDLP were assigned from in the money puts over the weekend.  Additionally, BHF, KORS, SMG, and VNOM expired out of the money.  I say

When the bond market and equity markets disagree, the bond market (smart money) is almost always proven right. music selection:  “Wherever You Will Go” — The Calling Newell Brands (NWL) stock has fallen on hard times.  Shares are down over