Over the last year the Lord has shown that His prophecies regarding the stock market have been extraordinarily accurate. He alone receives all the glory as I remain anonymous and this website is free to all.
For the first time this evening I feel I should share with you my “Favorites List” of funds and stocks which I only share with my close friends. The reason is although one may have prophetic insight, from the Lord, that the stock market is going up, one may nonetheless be at a loss what to invest in.
My current list of funds and stocks below was compiled through not only my research but also the research of an executive friend of mine. He and I share notes time-to-time on investment ideas; thus, this list is dynamic and in a few months some of the selections may be replaced. In 2009 the Lord led me to a high-yield business development company as well as high-yield corporate bond funds. With His guidance, my 2009 portfolio (gains plus dividends) outperformed the S&P index by about three times. 2010 is a new year and I look forward to trying to outperform the market again with His supernatural guidance.
PROPHETICTRADER.COM FAVORITES LIST
I recommend staying away from funds that trade less than 150,000 shares per day due to lack of liquidity and sudden price drops if a large holder sells. Unfortunately, the business development companies do have lower trading volumes in general.
I also tend to stay away from closed-end funds with a “premium” over 15%, preferably not over 10%.
I personally prefer dividend funds/stocks/trusts to equities that do not pay a dividend. Dividends “pay you to be patient” by your collecting dividends through market volatilities.
Please be aware mortgage REITs and corporate bond funds are very sensitive to interest rates. When interest rates rise significantly, or even the threat of rising interest rates looms, these securities will likely go down in value.
HIGH-YIELD CLOSED-END FUNDS
(can be traded during the trading day like stocks)
Research these closed-end funds on: http://www.cefconnect.com
Nicholas-Applegate Convertible & Income Fund
Symbol NCV
Dividend Yield 11%
Premium 8%
Pimco Corporate Opportunity Fund
Symbol PTY
Dividend Yield 8%
Premium 8%
Pioneer Floating Rate Trust
Symbol PHD
Dividend Yield 7%
Premium 4%
Western Asset High Income Fund II, Inc
Symbol HIX
Dividend Yield 12%
Premium 12%
HIGH-YIELD BUSINESS DEVELOPMENT & SPECIALTY FINANCE COMPANIES
(Stocks)
Compass Diversified Holdings
Symbol CODI
Yield 9%
Hercules Technology Growth Capital
Symbol HTGC
Yield 7%
PennantPark Investment Corp
Symbol PNNT
Yield 9%
Triangle Capital Corp
Symbol TCAP
Yield 11%
HIGH-YIELD OIL TRUSTS/FUNDS
EV Energy Partners LP
Symbol EVEP
Dividend Yield 9%
Enerplus Resources
Symbol ERF
Dividend Yield 9%
Penn West Energy Trust
Symbol PWE
Dividend Yield 8%
HIGH-YIELD MORTGAGE REITS
American Capital Agency Corporation
Symbol AGNC
Dividend Yield 21%
Annaly Capital Management Inc.
Symbol NLY
Dividend Yield 15%
Chimera Investment Corp
Symbol CIM
Dividend Yield 17%
