Assorted Stock Ideas

There are some other stocks which I hold long or hold options and I wanted to take this post to get these out there so as to make known all my holdings for purposes of full disclosure.

ARCC...Ares Capital is a Business Development Company, or better described as a company that takes investors money and invest in up and coming businesses. They do this either buy direct money loans or taking a stock position. Ares is the biggest player in this field and is well managed and knows how to help companies prosper. Hence a nice 8.2% dividend and solid stock price. There are several dozen business development companies, but frankly I like to buy the best of breed and Ares is just that.

JNK...This is a ETF that invests in high yield corporate debt, hence the symbol JNK, or junk bonds. However JNK has prospered even during the late economic downturn. If you had bought JNK back in mid 2008, you could have bought it at around 27, and it is now trading just over 40. Add in double digit monthly dividends and you got a real nice return. JNK has been under pressure lately due to the worry about inflation, but I frankly still believe it is a good buy here it you are someone to buy and hold and just collect the nice payout and not worry about stock price. Still has a high single digit percentage monthly dividend.

PFF..Preferred Stock ETF is a solid selection for income. It features preferred stocks from selected corporations and acts similarly like a bond, but with the advantages of dividend taxation rates and the chance for some capital appreciation. PFF pays out about a 6% to 7% monthly dividend and the divy is about as safe as it comes when considering income.

RRD..RR Donnelley company is the world's largest commercial printer. Yes, this is not a sexy investment and printers of late how not done well financially. But we will always need some printed material and RRD is my pick to survive. They regularly buy up smaller competitors and in my opinion have a well run company that also pays a 5.6% dividend.

I presently own all the securities mentioned above either as a long or option.