Prices are current-ish as of 11:30 AM on 8/23/24.

Holy moly, summer is nearly over! Where does the time go? There are no themes or insights this week, just bulking up our current holdings.

Truth be told, we’re still more focused on Treasury Securities. How could we not be with interest rates around 5%? There seems to be an oscillation between raising rates and cutting rate increases, causing an effective limbo.

Take that with a grain of salt, we’re speaking strictly from a seat of subjective perception. We will say, however, that we strongly advise having some money in FRNs and TIPS.

1. NAK - $0.35/share, monthly options. Price continues to very, very, slowly creep upwards. We look at anything under $1 as a discount.
   
   Northern Dynasty is developing mining operations in Alaska. Hurray for precious metals!
   
   
   

2. ZIM - $20.69/share, 5.46% yield, weekly options. This is an Israeli shipping company. Seems legit. Our cost basis in our holdings is somewhat high relative to its current price, but that doesn’t take into consideration the variability in dividends.
   
   Overall, we like ZIM.
   
   
   

3. RYCEY - $6.54/share. Rolls Royce continues its upward trend. While we couldn’t be blamed for exiting our position and taking profit at this point, we’ll wait until it hits $10 to sell.
   
   In the meantime, we’re eating ADR fees. At the moment, however, we are anticipating dividend payouts in the somewhat near future. There’s no guarantee, but we’re going to roll that dice and hope to recoup fees paid through a hypothetical dividend.
   
   
   

4. TGT - $158.92/share, 2.85% yield, weekly options. This symbol represents Target.
   
   While we don’t approve of the gay shit, we do approve of voting out terrible board members that allow it to go on. Vote your shares, people!
   
   What we DO approve of is Target’s (possible) paid membership program. Eventually it would move to be a required membership, akin to Costco. Allegedly. As of right now, however, we aren’t finding any official documentation or declaration of the latter part from Target themselves.
   
   

5. WPM - $62.40/share, 1.01% yield, weekly options. Wheaton Precious Metals.
   
   Whalt Wheaton. Cool Hwhip.
   
   Great name aside, this company sells precious metals. Here’s some copy/paste.
   
   Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits.
   
   Check out the price of palladium on APMEX (American Precious Metals Exchange), or other metals exchange. We don’t know what palladium does, but it sure is expensive!