lionx

Liquid like a Mutual Fund.
Managed like a Hedge Fund.

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“The Sons of Issachar were known for their understanding of the times...

1 Chronicles 12:32

Market Update: 07-16-19

The Issachar Fund is fully invested in Muni Bonds with a small allocation in Preferreds (20%).  I sold our stock positions to lock in some short-term gains and purchased a Gold ETF that tracks the price of gold bullion.  Gold has been trending higher …

Market Update: 07-08-19

The Issachar Fund is fully invested in Muni Bonds with a small allocation in Preferreds (15%) and Stocks (5%).  Munis and preferred stocks are still acting well as they appear to anticipate further rate reductions. I added a small 5% position in a handful …

Market Update: 07-01-19

The Issachar Fund is fully invested in Muni Bonds and a small allocation in Preferreds.  I did not make any changes last week however, I do plan to make a few changes this week depending on my conviction level.  There are a few individual …

Market Update: 06-24-19

The Issachar Fund is fully invested in Muni Bonds with a small allocation in Preferreds.  I continue to see money flowing into the muni bond space as investors seeking yield find a place to rest.  Munis have been trending higher at a low double-digit …

Market Update: 06-17-19

The Issachar Fund is fully invested in Muni Bonds with a small allocation to Preferreds.  My conviction level in munis remains high with a moderate level of conviction in Preferred Stock ETFs.  Preferred stocks entitle the shareholder to a fixed dividend, whose payment takes priority over that …

Market Update: 06-11-19

The Issachar Fund is 195% invested with 70% in Muni Bond Mutual Funds, 123% in Muni ETFs and 2% in stocks.  My conviction level in muni bonds increased so I added to our muni exposure via Total Return Swaps.  We have a Total Return Swap agreement with …

Market Update: 06-03-19

The Issachar Fund holds 165% in Muni Bond Mutual Funds (70%) and ETFs (95%).  I purchased more municipal (muni) bond ETFs last week due to the accelerated price slope I am seeing in the muni space and the continued price deterioration exhibited in the stock market.  We …

Market Update: 05-28-19

The Issachar Fund holds 115% in Muni Bond Mutual Funds (70%) and ETFs (45%).  The stock market peaked on October 3rd and High Yield Muni Bonds bottomed on October 10th and they have been trending higher (double-digit annualized rates) ever since.  Maybe the bond market was predicting that …

Market Update: 05-20-19

The Fund holds 15% in Muni Bond ETFs and 85% in Cash.  I like what I am seeing in the muni bond space, especially high yield muni bond ETFs and mutual funds.  I added two muni ETFs as a starter position with plans to possibly add more …

Market Update: 05-13-19

The Fund holds 100% in short maturity cash equivalents.  Cash is a position!  I sold all stock positions last week as the market declined following a Trump Tweet promising to raise tariffs on Chinese imports by Friday if the Chinese did not give into his demands.  The …