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MobilePreacher

 
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  • The Mindset Needed To Be A Successful American Capital Agency Investor [View article]
    hey thirsty, of course all of that is true... but my premise is more narrow than the broad explanation you provided. I agree with you... but my point is that AGNC is NOT a good vehicle for income structures. People didnt buy MSFT for income in 1999, they were buying it for asset appreciation. When people buy an mREIT they are usually buying it for income. AGNC's asset depreciation makes it a bad ingredient in an income portfolio. IF you are trying to buy AGNC for other reasons, it might be a fine vehicle. but for income... anything that causes you to lose 30% of your investment cannot be suitable for any client or investor needing income. thats just my opinion
    Jul 11, 2014. 07:51 AM | 1 Like Like |Link to Comment
  • The Mindset Needed To Be A Successful American Capital Agency Investor [View article]
    it would be good to remind people here that in may of 2013 this stock was trading north of 32 bucks. It lost more than 30% of its share value and still hasnt recovered. There are other mREIT options out there that are much safer and wont give you indigestion as you lose your initial capital. I like income structures that allow me to spend the income they generate, not pour it back in to keep up with losses.
    Jul 10, 2014. 01:08 PM | Likes Like |Link to Comment
  • Conflicts Of Interest: The Manager Got Your Money [View article]
    (CMO) continues to be the least risky most shareholder friendly mREIT out there, and this just adds another notch to its belt. (AGNC) continues to prove why, even though it has a ridiculous cult following, is a very risky asset
    Jul 9, 2014. 09:37 AM | 2 Likes Like |Link to Comment
  • Capstead Mortgage in a sweet spot [View news story]
    Management continues to deliver, not deviating from their business model, and not giving into the temptation to chase higher yields farther down the duration curve. I love how they stick to the plan no matter what. Good job Andrew and team. Stay the course. This is what makes you superior to all other mREITS.
    May 1, 2014. 04:11 PM | 1 Like Like |Link to Comment
  • Should An Intelligent REIT Investor Buy CapStead Mortgage? [View article]
    i have been using CMO and its preferred shares since 2009 to pay my mortgage, property taxes and insurance, and utilities.... just sayin' :-)
    Apr 17, 2014. 09:06 AM | 1 Like Like |Link to Comment
  • Titan Machinery Is A Perfect Short [View article]
    bummer about the short call... it was a bold call, and i understand the rationale that was behind it... but TITN is a wild stock man... its hard to be short this thing... its just like TSLA only about 1/20 the price. thats how you have to think of it.
    Apr 10, 2014. 12:34 PM | 2 Likes Like |Link to Comment
  • A Few Reasons Why I'm Attracted To Capstead Mortgage And Its Double-Digit Yield [View article]
    congrats marley, hope it works out for you. Good luck! and thanks for the kind words.
    Apr 10, 2014. 12:28 PM | Likes Like |Link to Comment
  • A Few Reasons Why I'm Attracted To Capstead Mortgage And Its Double-Digit Yield [View article]
    we are in agreement COB.... i can feel the warm fuzzies from here in sunny Sarasota :-)
    Apr 9, 2014. 12:15 PM | 1 Like Like |Link to Comment
  • A Few Reasons Why I'm Attracted To Capstead Mortgage And Its Double-Digit Yield [View article]
    well in june of last year that was the trade, it was probably the worst month historically for MBS in history... CMO fundamentals held up very well, the rest were crushed and lost a ton of money
    Apr 8, 2014. 03:18 PM | Likes Like |Link to Comment
  • A Few Reasons Why I'm Attracted To Capstead Mortgage And Its Double-Digit Yield [View article]
    actually i think slowly rising rates would be fabulous for CMO as their stuff resets higher. as a CMO shareholder i want slowing rising rates. thats what their port is designed for.
    Apr 8, 2014. 10:09 AM | Likes Like |Link to Comment
  • A Few Reasons Why I'm Attracted To Capstead Mortgage And Its Double-Digit Yield [View article]
    I am not concerned about the leverage... back in June we had such a move and CMO's portfolio held up wonderfully. CMO is the least risky, most conservative mREIT in the sector hands down.. It has its risks like any security of course.
    Apr 8, 2014. 07:06 AM | Likes Like |Link to Comment
  • A Few Reasons Why I'm Attracted To Capstead Mortgage And Its Double-Digit Yield [View article]
    the prepayment risk is quite simple really, if long term 30 year mortgage rates get low enough, people will get out of their ARM's in favor of a lower rate fixed. Thats where CMO takes a hit to book value, when they buy an ARM for 105 and then a few months later its prepaid at par on a refinance.
    Apr 7, 2014. 09:58 AM | Likes Like |Link to Comment
  • A Few Reasons Why I'm Attracted To Capstead Mortgage And Its Double-Digit Yield [View article]
    While CMO is an excellent security, your article did hit at the heart of its biggest risk to earnings and book value, that being the prepayment rate. Those will need to continue to remain under control. Thanks for the article
    Apr 7, 2014. 08:25 AM | Likes Like |Link to Comment
  • Should An Intelligent REIT Investor Buy CapStead Mortgage? [View article]
    and to you as well brad.
    Mar 30, 2014. 10:51 PM | Likes Like |Link to Comment
  • Should An Intelligent REIT Investor Buy CapStead Mortgage? [View article]
    brad the data pre 2008 is irrelevant since the business model is totally completely different now than it was then. It really is a completely different company, with different leadership. There is no comparison. if you look since 2008 you will see the dividend is actually quite stable.
    Mar 30, 2014. 10:21 PM | Likes Like |Link to Comment
COMMENTS STATS
436 Comments
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