Financial Analyst and Activist Darnell L Williams
Well it is time for you to start calling me names again. I
have been telling you how to take a risk to make money. If you already have a
401K or a IRA that allows you to buy individual corporate bonds then you can do
everything that I can do. That means that instead of calling me a braggart,
you can make money yourself.
My favorite Bonds for December 2014
ID Name of Bond S&P Current Price YTM
085789AE5 Berry
Pete Co. Sr. Nt. 6.75% of 11/01/2020 BB- $800.00
12.346%
18683KAA9 Cliffs
Natural Resources Inc. Notes 5.9% of 3/15/2020
BB- $580.00 19.078%
18683KAF8 Cliffs
Natural Resources Bond 01/15/2018 BB- $655.00 21.56%
492914AS5 Key
Energy Service s Inc. GLBL NT 6.75% of 3/01/2021 BB- $610.00 14.69%
Here are 4 bonds that I bought in the past 8 days. I am getting a "Yield to Maturity" (YTM)
from last week to January 15, 2018 with an average Yield of 16.9185%. Then my average
YTM interest will be from January 16, 2018 to March 15, 2020, 15.371%. From March 15, 2020 to November 1, 2020, my YTM
interest will be 13.518%. From November 2, 2020 to March 1, 2021, my YTM
interest will be 14.69%.
So as you can see, I will get high yields for the next 6
years. The risk is that anyone of these companies can go out of business. If
that happens, I may not get my principle from one or more of these securities.
That is the risk I am taking to make this money. These bonds are at the high end of the junk
bond range (BB+ to C-). I never buy anything lower than B-.
Now remember, don't hate, appreciate!
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