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Normally on a Sunday night we ponder what, if anything, we need to do with our investment accounts for the coming week--this week it is Monday night as we had the market holiday today.We had mentioned in our article on Tortoise Energy Infrastructure preferred yesterday that we would be moving a chunk of cash into TYG-B tomorrow--and we will be doing just…

At the risk of sounding like a broken record we are once again reiterating our absolute love of Tortoise Energy Infrastructure 4.37% Term Preferred Stock (ticker:TYG-B). Tortoise Energy Infrastructure is a Closed End Fund (CEF) focused on midstream energy MLP's. It is necessary to know why preferred stock or debt of a CEF is pretty close to bullet proof. The reason is…

The week saw the Dow Jones Industrial Average trade in a range of 700 point with highs around 17,900 (just 150 points below a record high) and lows around 17,200. It was not the high or low that was interesting, but more the daily movements. Tuesday the Dow opened up by over 200 points before turning and heading lower -…

We have gotten some notes from readers  today dealing with Escalera Resources (ticker:ESCR) and their preferred (ticker:ESCRP) which has taken a massive pounding the last few days and is now down near $9/share.  The common is way down at 47 cents.Escalera Resources is a small natural gas producer which previously named Double Eagle. The company generates virtually all their revenue from natural…

We don't know about you, but as we observe the global economic picture we have gone from somewhat confused to downright negative. Again we have reached that point where we look around, north, south, east and west and find nothing that gives us hope that the equity markets are going to fly higher anytime soon. Now as income investors you…