February 20, 2023 | Daily JAM |
This week’s Trend of the Week is: You Can Get 5% in a CD. Thank you, Jerome Powell and the Federal Reserve. Recently we’ve seen a huge rally in short-term yields. Right now, you can get a 5% CD from Capital One with a $0 minimum. As far as money market accounts go, you can get one from CFG Community Bank at 4.45% with a $1,000 minimum. For a fund, PIMCO Enhanced Short Maturity Active Exchange (NYSEARCA: MINT) is an actively managed fund that shifts among Treasury and corporate bonds and some other income assets, and currently, you could get more than 4.5%. One thing to think about in this environment is whether or not you want to hold a fund or buy bonds from TreasuryDirect, knowing that the debt ceiling crisis could cause Treasury prices to go down. If the Treasury prices do go down, bond funds will get hurt. You’ll be better off holding a Treasury bond to maturity. My suggestion is to buy the Treasury, if it rallies, you can sell, otherwise, keep it and get a guaranteed yield. For more on this, go to JubakPicks.com or JubakAM.com to find a complete, in-depth look at all these options.
August 12, 2021 | Daily JAM, Long Term |
With the recent retreat in the price of 10-year Treasuries and the rise in the yield on these long-term instruments (to a whopping 1.36% as of today, August 12) I think this is a decent time to start buying to build that bond ladder for your long-term bucket.
July 27, 2021 | Daily JAM, Special Reports |
Yesterday I started giving you specific picks so you can start to fill these buckets. I started with the short-term bucket, the most challenging of the three since it requires you to confront the current paucity of assets throwing off yields of even 2% head on. The goals for this bucket were maximum achievable safety since you don’t have much time in this bucket to recoup any temporary losses, a yield that’s as high as possible–anything over 3% these days is gravy. Remember that the higher the yield you can produce from this bucket, the less risk you’ll need to take in your portfolio, and predictable payments in actual cash (or cash equivalents). Remember that you want to be able to spend the returns from this bucket. Today I’m going to give you picks for filling out the third, the long-term, bucket.
July 21, 2021 | Daily JAM, Long Term, Morning Briefing, Special Reports |
The big arguments in the financial markets these days are about inflation–will it stay elevated at an annual rate of the better than 5% reported in May and June or will be fall to the 2.5% or so envisioned by the Federal Reserve–and interest rates–the yield on the 10-year Treasury fell to 1.21% on Monday, July 19 and some market strategists see 1% in the cards while others are looking for a 2.5% or even 4% at the peak of this cycle. I certainly won’t pretend the results of these arguments don’t matter. Inflation sentiment and interest rate projections are the two biggest drivers of stock and bond prices right now. (Well, maybe in the short term next to worries that a fourth wave in the pandemic will shut down the U.S. and global economies again.) But these arguments matter rather less than you might think to investors saving for retirement and those looking to generate some income from their portfolio either to fund retirement or some other predictable big ticket item (like monthly mortgage payments on a first or second (don’t I wish) home.) That’s because from that perspective the results of these arguments don’t change the portfolio cash flow picture very much
July 20, 2021 | Daily JAM |
Part 1 of my Special Report on the income investing crisis will go up tomorrow–sorry for the delay
November 12, 2019 | CMI, CMWAY, Daily JAM, DLR, IEF, ITW, KMI, MRK, MSFT, OKE, PAC, PFXF, Special Reports, VZ, WBK |
Just to put all the changes in my Dividend Portfolio in one list after my Special Report 3 Ways to Higher Income in a Low Yield Desert Here are the sells: Bank of America (BAC) as of November 1 ING Group (ING) as of November 1 Tapestry (TPR) as of November 1 Westpac...
November 4, 2019 | Daily JAM |
Friday last wound up being a travel day for me--and in my efforts to get the Income Investing Special Report posted before I headed off to Dallas I posted the wrong version of the report. And when I went in to correct the error I discovered that I'd lost parts of the...
November 1, 2019 | Daily JAM, Special Reports |
How dry is the current low yield desert Awfully dry. And likely to get drier. Which raises this question: How can income investors find higher returns? Providing three answers to that is the subject of this special report. Let's start with the dryness of the desert....
October 30, 2019 | Daily JAM |
What turned out to be a big news day--GDP and a Fed interest rate cut (and then a pause) and Apple earnings--got in the way of posting my newest special report by the 5 p.m. New York deadline for it to arrive in your email box. The report will be posted tomorrow and...
July 3, 2018 | C, Daily JAM, Stock Alerts |
Citigroup (C) is among the big banks that passed the most recent stress test from the Federal Reserve. That means the bank can go ahead with its plans to raise its quarterly dividend to 45 cents from 32 cents and to buyback $17.6 billion in shares. The plan would take...
January 18, 2018 | Daily JAM, Mid Term, You Might Have Missed |
2017 was a tough year for benchmarking my Dividend Portfolio. For the year the total price appreciation on the stocks in the portfolio was 3.4% The 21.64% return on the Standard & Poor’s 500 crushed that. The dividend yield on the portfolio for the year came to 3.11%. Which beat the 2.8% total return from holding 10-year Treasury bonds for 2017. The total return on my Dividend Portfolio for 2017 was 6.48%.
February 3, 2017 | Daily JAM, OKS, Stock Alerts |
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