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Todd Johnson  

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  • Sell Your mREITs Immediately [View article]
    Hi Kanabalu - I agree with you. A diversified portfolio is a great idea.

    Panic sales? I have been in agnc since IPO. I have been in anh, mfa, cim, nly, ivr, cys. I buy on secondaries, and sell on rebounds.

    I buy on weakness. I'm not sure where you were led to believe I don't have a diversified portfolio, but I do.

    It sounds like you have made all the right moves in your portfolio. I respect that. I sincerely do.

    Please don't base who I am solely upon articles. ;) I'm trying to help out on these articles.

    Best, Todd
    Jul 25, 2011. 05:51 PM | 1 Like Like |Link to Comment
  • Sell Your mREITs Immediately [View article]
    Hi TomF75,

    To be clear: I want the debt-ceiling issue to be resolved asap; I want the US debt to not be reduced in credit grade; and I want the country to prosper.

    On my investing side, I play it close to the vest.

    I believe a positive article on Apple may have been a better idea today. ;) I attempted to explain what I was doing, nothing more. Mistake in hindsite.

    Best, Todd
    Jul 25, 2011. 05:41 PM | 1 Like Like |Link to Comment
  • Sell Your mREITs Immediately [View article]
    Hi obeyan, foreign currencies, commodities, fertilizer stocks, metals.

    I don't know that a downgrade is inevitable - but if you one looks at the US debt and annual deficit projections, one may not be optimistic. ;)

    Best, Todd
    Jul 25, 2011. 05:38 PM | Likes Like |Link to Comment
  • Sell Your mREITs Immediately [View article]
    Hi Harry, thanks for the feedback.

    Your proposal is a reasonable solution. Buy some puts and you are covered. I like that. Common sense, practical, and your plan on holding is well thought out. I sincerely appreciate you sharing.

    Best, Todd
    Jul 25, 2011. 05:36 PM | Likes Like |Link to Comment
  • Sell Your mREITs Immediately [View article]
    Hi toshiro_x -

    I hope your agnc/two calls, nly common, and all your stocks make you a lot of money. This isn't a personal issue. It's a stock market. Some winners, some losers. I hope you are a winner.

    I have nothing to gain if you lose or win with your portfolio. I write to share my views. Nothing more. Best, Todd
    Jul 25, 2011. 05:34 PM | 2 Likes Like |Link to Comment
  • Sell Your mREITs Immediately [View article]
    Hi PapaAlan -

    Thanks for the kind words.

    I have to preserve my capital to pay bills, live, etc. So this has hopefully made it clear how I am handling the market.

    Best, Todd
    Jul 25, 2011. 05:32 PM | Likes Like |Link to Comment
  • Sell Your mREITs Immediately [View article]
    Toshiro-x, thanks for the feedback. Todd
    Jul 25, 2011. 05:30 PM | Likes Like |Link to Comment
  • Sell Your mREITs Immediately [View article]
    Hi Johnnyprig,

    I honestly don't know what is priced into the market.

    Our country has $xx trillion in debt; ongoing deficit; we are in 5-countries fighting a war; real unemployment is sky high; Fed taxes are < revenues; housing prices continue to decline. The deficit is going nowhere positive, anytime soon. The Dems/Repubs fight, bicker every year - nonstop, nothing gets accomplished.

    I am not saying we are going to default. If Greece hasn't defaulted, then how can we? I don't know. We are playing in unchartered water. :)

    If I can reduce my mreit exposure - via puts or selling shares - I just get it done. They can bring on every Harvard MBA for a CNBC interview - I doubt they have any idea of what's going to happen.

    MREITs - for me - were an asset class with low risk. Toss in a debt-ceiling "crisis", and the "low risk" or perception of "low risk" trade is gone.

    There are more profitable trades to make in between now the debt-ceiling resolution. I have to have money to pay my bills. Brass tacks. I wish I could answer your question - but I really don't know. :) Many possible outcomes: some good, some bad.

    Best, Todd
    Jul 25, 2011. 05:27 PM | 1 Like Like |Link to Comment
  • Sell Your mREITs Immediately [View article]
    Hi Taymere, thanks for the comments.

    It takes two to make a market. You have a plan and strategy. Thanks for sharing. I respect your opinion and views. Best, Todd
    Jul 25, 2011. 05:20 PM | Likes Like |Link to Comment
  • Sell Your mREITs Immediately [View article]
    Robbyboy - great terms! You will have that paid off in no time. Amazing rates. Congrats. Todd
    Jul 25, 2011. 05:19 PM | Likes Like |Link to Comment
  • If You Own Them, Sell These 5 CEFs As Soon As Possible [View article]
    Hi Kaimukiguy, pm sent. Todd
    Jul 25, 2011. 05:16 PM | Likes Like |Link to Comment
  • If You Own Them, Sell These 5 CEFs As Soon As Possible [View article]
    pm sent.
    Jul 25, 2011. 05:13 PM | Likes Like |Link to Comment
  • If You Own Them, Sell These 5 CEFs As Soon As Possible [View article]
    Hi Pitbull Trading,

    I like the concept of doing what you propose. It makes sense, is a hedge, and the odds are in your favor. :)

    Good thoughts. Thanks.

    Todd
    Jul 25, 2011. 05:11 PM | Likes Like |Link to Comment
  • If You Own Them, Sell These 5 CEFs As Soon As Possible [View article]
    La Marque, I like that style: buy at a discount & sell at a premium. That's simple and to the point. Thanks. Todd
    Jul 25, 2011. 05:10 PM | 2 Likes Like |Link to Comment
  • If You Own Them, Sell These 5 CEFs As Soon As Possible [View article]
    Hi klbjcb - thanks for the feedback.

    To me, it comes down the whole Ben Graham/Buffett principle: margin of safety. But at a discount or when the price is low.

    I hope we don't have a '29 in our near-term future. ;)

    Todd
    Jul 25, 2011. 05:09 PM | 1 Like Like |Link to Comment
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