Don't Be The Equivalent Of A Stock Market Racist [View article]
Chuck, I appreciate the way you follow up on comments to your articles. You are always thoughtful and courteous. All of this takes work, time and effort. Your articles and follow-up offer writers on this site a great role model to emulate.
High Risk - High Reward: Maybe, Maybe Not [View article]
This is a good suggestion. But be careful of the dangers there as well. Someone in my family had 20% of his investment in GE during the Jack Welch reign. When the account was turned over to me, I sold all but several hundred shares. The person was angry at my action until GE fell on it's face. Than the person thanked me for diversifying the portfolio. I saved the person thousands of dollars of their hard earned retirement money.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
Chowder; You have a plan that has generated an excellent return. I also appreciate your disciplined approach to dropping a company from your list. Good job. I am sure others who read your post can learn from your disciplined approach.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
Mickelsson, Looked up your UTG. It just issued 5.9 million new shares in August of 2012. I don't know what that is doing to their NAV. I noticed that this closed fund also plays options, invests in bonds and preferred stocks. It also uses leverage of up to 38% of total assets. One must have confidence in the management. If you read their 19A disclosure as of 12/31/2012 it reads: Average Annual Return on NAV for 5 year period: -3.28% (Found this on their website) I would reconsider my investment in this company if I were you. Thanks for reading and commenting.
The Mortgage REIT Boom; When Will The Bubble Burst? [View article]
rip2451 I am not short the stocks. I am not long on them either at the present time. I did not write this as a doom & gloom article. It is a warning about possible future events. Thanks for reading.
Spice Up Your Salsa By Adding Some Intelligent REITs To Your Portfolio [View article]
Brad, I appreciate your articles on REITs. You keep us up-to-date on what the various companies are doing as well as assess what you consider to be safe and not safe. It helps me make decisions about the REITs to invest in. Thanks for your work.
High Risk - High Reward: Maybe, Maybe Not [View article]
A look at the 5 year history of AGNC had it go from a high of 20 in June of 2007 to a low of 12 in October of 2008. AGNC is a very well run mREIT. Others did not fare as well as this one. Now if one were completely non-emotional about investing one's money and held on, you would have recovered your capital and received undulating dividends along the way. My investing history goes back much further than this, I lived through the Carter and Ford administrations where inflation and interest rates went through the roof. All interest rate sensitive entities took big hits. PS. I disclose that I own EFC which is a mREIT. I am warning and not attempting to use scare tactics.
High Risk - High Reward: Maybe, Maybe Not [View article]
There is a great deal of truth in your statement about diversification. You can either increase or decrease your return by the investments one chooses. If you always choose the right one, you will definitely increase your return. However, you only need to make one mistake to lose what you have gained with little diversification. My suggestion of 2% for any stock assumes one has a portfolio that allows one to buy in at least 100 share lots. If that is not possible, than it would be better to not diversify as much. Using 2%, one only has to invest in 50 different entities and one can only lose 2% in any given investment.
Todd, You really did shake things up with this article. You hooked me with your title. Than I read all the flak after the article. I don't own T, so I don't have a vested interest. However, I think if i owned it, I probably would have protested as well. Your analysis does encourage one to think beyond the dividend and to look at the books and the business model to see if the dividend is sustainable.
Don't Be The Equivalent Of A Stock Market Racist [View article]
I appreciate the way you follow up on comments to your articles. You are always thoughtful and courteous. All of this takes work, time and effort. Your articles and follow-up offer writers on this site a great role model to emulate.
High Risk - High Reward: Maybe, Maybe Not [View article]
The person was angry at my action until GE fell on it's face.
Than the person thanked me for diversifying the portfolio. I saved the person thousands of dollars of their hard earned retirement money.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
You have a plan that has generated an excellent return. I also appreciate your disciplined approach to dropping a company from your list.
Good job.
I am sure others who read your post can learn from your disciplined approach.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
Looked up your UTG.
It just issued 5.9 million new shares in August of 2012. I don't know what that is doing to their NAV.
I noticed that this closed fund also plays options, invests in bonds and preferred stocks. It also uses leverage of up to 38% of total assets.
One must have confidence in the management.
If you read their 19A disclosure as of 12/31/2012 it reads:
Average Annual Return on NAV for 5 year period: -3.28%
(Found this on their website)
I would reconsider my investment in this company if I were you.
Thanks for reading and commenting.
Create Your Own Growing Utility Fund Offering Over 4.5% [View article]
Cushing MLP Total Return Fund: It Costs You Money To Own It [View article]
The Mortgage REIT Boom; When Will The Bubble Burst? [View article]
Thank you for the complement.
You are right about FED policy. Right now things look good for these stocks. But it can change quickly.
The Mortgage REIT Boom; When Will The Bubble Burst? [View article]
I am not short the stocks. I am not long on them either at the present time.
I did not write this as a doom & gloom article. It is a warning about possible future events.
Thanks for reading.
Spice Up Your Salsa By Adding Some Intelligent REITs To Your Portfolio [View article]
I appreciate your articles on REITs. You keep us up-to-date on what the various companies are doing as well as assess what you consider to be safe and not safe. It helps me make decisions about the REITs to invest in. Thanks for your work.
High Risk - High Reward: Maybe, Maybe Not [View article]
My investing history goes back much further than this, I lived through the Carter and Ford administrations where inflation and interest rates went through the roof. All interest rate sensitive entities took big hits.
PS. I disclose that I own EFC which is a mREIT. I am warning and not attempting to use scare tactics.
High Risk - High Reward: Maybe, Maybe Not [View article]
My suggestion of 2% for any stock assumes one has a portfolio that allows one to buy in at least 100 share lots. If that is not possible, than it would be better to not diversify as much.
Using 2%, one only has to invest in 50 different entities and one can only lose 2% in any given investment.
Avoid AT&T's 2012 Dividend [View article]
You really did shake things up with this article. You hooked me with your title. Than I read all the flak after the article. I don't own T, so I don't have a vested interest. However, I think if i owned it, I probably would have protested as well.
Your analysis does encourage one to think beyond the dividend and to look at the books and the business model to see if the dividend is sustainable.
How Dividend Investors Choose To Fail [View article]
Master Limited Partnerships: Dark Clouds Ahead? [View article]
I have followed this thread for several days. I am impressed with your continuing input.
Thanks for your ongoing work.
Go Away In May And Then What? [View article]