Quick portfolio update

I think the market has dropped to the point that I can start looking for dividends again.

I don't know what's going on with TNP, but I might be getting a greater than 10% dividend off of that stock. They are trading well below book value, and I don't know why. I guess no one is going to be shipping oil? Come on, there is some inelasticity of demand there.

Looking at the financials, there is probably no reason to go there. They should move the trading desk of these stocks down to Atlantic City. That said, I jumped into TD Bank. They're Canadian, but they are running a tight operation and took over Commerce Bank, which was a really good acquisition. I am hoping for a steady value and a 7% dividend.

As far as the macroeconomy goes, we are completely screwed. I wish we could let housing prices drop faster without a total disaster.