DARPA signed a contract with Northrop Grumman valued at $13 million to develop Hypersonic weapons interceptors for American air defense. Currently, the only weapon that is capable of shooting down the Hypersonic systems is a laser gun. With the speed of the light pulse, the gun fires at the current location of the target and the light pulse with a 99.9% probability hits the target, since compared to the speed of light the hypersonic missile is standing still. However, there are not enough powerful lasers that are capable of delivering such results. It is in the development phase and clearly it seems Northrop Grumman is involved in the testing of such lasers.
Relationships Founded in Trust for Global Investors
A Registered Financial Advisor such as Durig is a fiduciary and have the duty to always act in the best interests of their clients. Because of this duty, the incentive / fee structure is built into the relationship to ensure that advisors compensation is tied directly to the clients’ success.
The nature of the relationship between a client and a registered investment advisor is a bit different than other financial professionals, especially around the globe.
Since the earliest days of the Obama administration, the (left) Democrats have been moving to establish a Socialist Democracy in the United States. Let’s face it, Obama wore many hats.
Iran is a Socialist country and its powers-to-be are constantly and consistently oppressing its people. It’s easily seen by the number of protestors in the streets of Iran over the last few days that have been crying out for the removal of the Iranian leadership. Those people know that a Socialist country is not a good thing. It’s no secret that Obama paid Iran billions of dollars in bribe money. It could have been tracked to if it were electronically transferred to Iran. Cash only lets them spend it wherever and with whomever, and with no oversight or future explanation of what it was spent on. One thing is certain, they didn’t spend it on the people of Iran.
Canada and UK claim to have intelligence the Boeing downing that was operated by Ukrainian airlines was done by Iran. Recent reports state that there were over 60 Canadians out of 138 people on board en route to Canada. Many innocent lives were senselessly lost in this tragedy. Canada is a home to over 210,000 Iranian Canadians. There are no direct flights to Iran from Canada. That is one of the reasons many fly to Kyiv and transfer there to reach Canada.
The US Constitution gives Congress the power to “coin money and regulate the value thereof.” Currently, the Bureau of Engraving and Printing produces paper money in two locations: Washington D.C. and Fort Worth, Texas. The money printed by the US government facilities are the only ones that are legit paper currency. According to the Federal Reserve, up to 80% of US paper currency ends up outside of the US, equivalent to 2.5 trillion US dollars.
A year-end performance review of Durig’s Portfolio Solutions, designed to help you earn income, covering some of the key benefits that each can provide. The following portfolios will be reviewed in this article:
- Fixed Income 2 (FX2) Managed Income Portfolio
- Dividend Aristocrats – High Dividends & Growth Over Time
- Income Aristocrats – Multi-Asset Income Portfolio
- Dogs of the Dow – High Blue Chip Dividends
- Dogs of the S&P 500 – Blue Chip Dividends
Fixed Income 2 (FX2) Managed Income Portfolio
These days online shopping has become part of many regular shopping habits in many households around the globe. It is supposed to simplify and save time compounded with convenience. With the emerging of the virtual assistants like Alexa, it is even easier. Being an Amazon prime member, the convenience of free guaranteed delivery within 48 hours and in some instances 24 hours is an attractive shopping method.
Russia’s head of the Minenergo, Alexander Novak, recently stated the nation’s interest is to gradually severe ties with OPEC, the Organization of the Petroleum Exporting Countries comprised of 14 nations. Founded in 1960 in Baghdad by the first five members, OPEC moved its headquartered in 1965 to Vienna, Austria. The countries that joined later were:
Reputable US publication The Wall Street Journal (WSJ) published an article this month titled “The World’s Cash Is Disappearing. Bankers Aren’t Sure Where It Went.” The article claims a strange phenomenon of the 1.5 trillion US dollars disappeared in 100 dollar bill denominations. Every month the central bank continues injections into the electronic currency in the amount of $100 billion in order to lower the volatility, but the analogue in US paper currency and precious metals disappeared without a trace. The central banks continue to increase the amounts of the paper currency being printed and they just disappear without any explanation.
Following the success of it’s Dogs of the Dow and Dogs of the S&P 500 Portfolios, we now take an in-depth look at the latest addition to our portfolio of investment solutions, the Income Aristocrats Portfolio. A remarkably well diversified portfolio, the income aristocrats effortlessly blends three different portfolio strategies (Fixed Income 2, Dogs of the S&P 500, and the Dividend Aristocrats) into an excellent vehicle for generating cash flow.
The US Senate approved additional anti-Russian sanctions. The Defending American Security from Kremlin Aggression Act was introduced by Sen. Lindsey Graham (R-SC) back in February 2019. US President Donald Trump is forced to put restrictions on Russian Sovereign debt but it is only applicable to newly issued bonds. It is possible Trump will veto the Defending American Security from Kremlin Aggression Act.
Now everyone in the western world has access to high speed internet and a 4G network. On the global scale, a majority of nations have access to it as well. The evolving technology allows quality videos and images in high definition (HD). Social media is one of the biggest news sources for many and one of the most powerful social engineering tools in use.
For the first time, China received laser echoes from all mirror reflectors on the Moon (A15, A14, A11, L17, L21). The information became available via 6do news on December 8. The research group successfully completed laser distance measurements between Earth and the moon. The first experiment by China took place in 2018 with a 1.2-meter telescope laser ranging system. Clearly, it is not competitive with the US results achieved in the same field.
Newly elected Israeli Minister of Defense Naftali Bennett believes an aggressive offense strategy needs to be executed on Iranian targets, as well as additional attacks on Syria. Bennett is an Israeli politician who led the Jewish Home party between 2012 and 2018 and currently serves as an MK for New Right. Bennett publicly shared his doctrine proposal on November 29 in the Israeli media. The doctrine received an immediate reaction from Russia.
On November 28, 2019 Russia officially refused to finance the operations of the Organization for the Prohibition of Chemical Weapons (OPCW)– an intergovernmental organization and the implementing body of the Chemical Weapons Convention, which entered into force on April 29, 1997. The OPCW, with its 193 member states, has its seat in The Hague, Netherlands, and oversees the global endeavor for the permanent and verifiable elimination of chemical weapons.
This review explores the performance of the Dogs of the Dow Portfolio, with nearly 4% in dividend income alone, and considers the many merits of blue chip dividend stocks such as those held in the portfolio.
- Year-to-Date Return of 13.03%
- Trailing 1 Year Return of 10.31%
- Annualized Return Since Inception of 14.03%
- Average Dividend Yield of 3.98%
- Alpha of 4.47 (vs. Benchmark*)
- Beta of 0.75 (vs. Benchmark*)
NATO Ministers of Foreign Affairs are meeting this week at NATO headquarters in Brussels, Belgium. The North Atlantic Treaty Organization, also called the is an intergovernmental military alliance between 29 North American and European countries. The organization implements the North Atlantic Treaty that was signed on 4 April 1949. It is expected that NATO will acknowledge space as NATO’s new operational sphere at these meetings.
In this review, Durig examines the ways in which holding a diverse portfolio of dividend paying, high quality blue chip stocks can help to provide investors some much needed stability.
- Lifetime Return of 14.06%
- Average Dividend Yield of 3.34%
Quality Investments That Deliver
As trade tensions between the US and China continue to plague financial markets, investors are looking for high quality investments that can still deliver.
Durig has found the solution; blue chip dividend stocks.
The North Atlantic Treaty Organization (NATO) was formed in 1949. It was one of the first defense unions. The main reason for the creation of NATO was a need for a western unified alliance against the threat of the Soviet Union. After the collapse of the Soviet Union in the 1991, NATO integrated some former communist block Eastern European nations into the alliance.
In this special review, Durig benchmarks the performance of its three unique blue chip equity portfolios, the Dogs of the Dow, Dogs of the S&P 500, and the Dividend Aristocrats, all of which are designed to capture high quality blue chip dividends of some of the most reputable companies on wall street.
With interest rates continuing to fall and attractive yields becoming increasingly difficult to find, many investors are turning away from conventional fixed income investments such as US Treasuries.
A review and performance recap of Durig’s highly successful Dividend Aristocrats Portfolio that also compares the portfolio to another aristocratic dividend portfolio. The Dividend Aristocrats Portfolio was also designed with income stability in mind, maintaining investment focus on only higher quality blue chip companies known as “Aristocrats.”
October Performance Highlights
- Average Dividend Yield of 3.51%
- Lifetime return of 9.44%
- Excess Return of 3.27% (vs. benchmark)*
- Alpha of 7.95 (vs. benchmark*)
- Beta of 0.18 (vs. benchmark*)
This week, Durig looks at an energy company that is making the transition from its historical focus on natural gas to be more focused on oil production. Chesapeake Energy (NYSE:CHK) has been making strides this year to transition towards a more oil focused production portfolio. Chesapeake has already increased oil in its production portfolio from 17% in 2018, to 24% as of the end of the second quarter. The company estimates it will exit 2019 with oil representing 26% of its production. Oil is a higher margin product, so Chesapeake is already seeing the fruit of its decision (see bullet points above).
A monthly performance review of Durig’s Dogs of the Dow Portfolio that explores several benefits that income producing investments such the Dogs of the Dow can help to provide.
- Lifetime Return of 12.87% (annualized)
- Year-to-Date Return of 8.30%
- Alpha of 4.89 (vs benchmark)*
- Beta of 0.77 (vs benchmark)*
- Average Current Yield of 4.18%
Durig takes an in-depth look at it’s newest addition to its portfolio of investment solutions, the Income Aristocrats. An extremely diversified portfolio, the income aristocrats seamlessly blends the Fixed Income 2, Dogs of the S&P 500, and the Dogs of the Dow strategies into an income generating machine.
This week, Durig Capital takes a look at a unique oil and gas producer. Reviewed several times in the past, most recently in May of 2019 following the company’s release of their Q1 Results, California Resources Corporation (NYSE:CRC) produces oil, natural gas and natural gas liquids (NGL) strictly within the state of California. And, it sells all of it oil production in the state of California, which, as a state, represents the 5th largest economy in the world. The company recently signed its third major joint venture agreement, which will allow the company to add production and revenue with no initial capital cost to CRC. In addition to this great news, CRC also posted some excellent results from its second quarter (see bullet points above).
This week, Durig Capital looks at a company that primarily provides private prison services for governmental agencies here in the United States. CoreCivic (NYSE:CXW) has also recently added two additional business segments to its portfolio – CoreCivic Community, which consists of residential reentry centers, and CoreCivic Properties, which is a portfolio of government-leased properties. The company recently posted a solid first quarter, registering increases in many of its financial metrics.
Former Afghan President Hamid Karzai recently made striking accusations against the United States. Karzai is claiming the US is trying to meddle in the upcoming September 28, 2019 presidential elections. The former Afghan president is insinuating that Afghan citizens have no influence over who the US installs into the executive office. These allegations may cause a new round of tensions in Afghanistan, and at a time where international peace negotiators are trying to organize a treaty that will allow an exit for the US led peacekeeping coalition.
This week, Durig Capital looks at a company providing private prison services for governmental agencies both domestically and abroad. Geo Group, Inc. (NYSE:GEO) is one of only a handful of private prison service companies. With the election of President Trump, private prison companies have gotten a boost due to more stringent prosecutions as directed by our new attorney general, as well as Trump’s zero tolerance policies on immigration. The company’s first quarter 2019 results reflect this new political climate (above).
Geo Group is awaiting decisions from the Federal Bureau of Prisons on two procurements (CAR 18 and CAR 19) that total close to 12,000 beds. If these decisions come back in favor of Geo Group, the company would likely again increase its current guidance (as it just did with the release of its first quarter results). Geo Group’s 2023 bonds, couponed at 5.125%, are currently trading at a discount, giving them an enticing yield-to-maturity of over 9%. With the most recent increase in guidance and the possibility of more on the way, these short-term maturity bonds (maturing in only 44 months) are an ideal addition to Durig Capital’s Fixed Income 2 (FX2) High Yield Managed Income Portfolio, the aggregated performance of which is shown below.
This week, WSJ (Wall Street Journal) published an article, outlining a letter from Khalid Sheikh Mohammed, alleged mastermind of the 9/11 terrorist attacks against the US, offering to aide victims family’s lawsuit against Saudi Arabia, if he is spared the death penalty.
The federal lawsuit was filed in the State of New York by insurance companies in 2017. KSM is currently being held at Guantanamo Bay prison. He was convicted in absentia in 1996, by a New York Court, for participation in a terrorist act in the Philippines.
President Hassan Rohani is ready for negotiations with the United States in order to stop efforts to punish his country economically. Amid tensions between Washington and Tehran, Germany, France and the United Kingdom called for responsible action. Iranian President Hassan Rohani said on Sunday his country is ready to resume talks with the United States if Washington removes heavy economic sanctions against the country and returns to the 2015 nuclear deal.
The Turkish Defense Ministry said on Friday that they have received the first Russian air defense system S-400. The delivery was made earlier today with the equipment reaching an air base northwest of the capital Ankara, the ministry said. The purchase angered the United States, Turkey’s ally. The United States has warned Turkey that it may face sanctions because of the purchase, including denial of access to US F-35 fighter jets.
Durig Capital is excited to introduce three new model portfolio strategies composed of a variety of ETFs, Mutual Funds, and Index Funds. Model portfolios have been growing in popularity in recent years, with many large investing platforms now offering an increasingly wide variety of model portfolios.