American Capital Agency Corp.'s Earnings Disaster - A Warning Of Things To Come? [View article]
I haven't done it yet but now might be a great time to look at the historical record for...the last time mREIT's had to deal with an anticipated drop in portfolio values....say the 2003-4 time line.
The discussion recently has been focused on spreads when the real risk....appears to be valuation. Or...am I missing something? Long term, these have been solid investments. Short term or in the near to visible future, I don't know how an mREIT can avoid valuation swings.
Incomes Fall $505.5 Billion, Expenses Rise - Can You Say Stagflation? [View article]
Evan37...you've got a portfolio, right? Working too...as in employed? That creative destruction note in your reply can be a little tough to control. If, for example, we weren't supporting the financial sector with very expansive fed policies, ...or putting an additional trillion or so in spending out there...where do you think we'd be...or, better, where would you be?
The reality of current Fed/fiscal policy options available to our current sitting Congress and Executive branches just aren't very attractive. I'm guessing here but...most investors should recognize that fact.
HP's Identity Crisis: Calling Dr. Deming [View article]
The issue for virtually anyone left in the hardware side of this industry is margins: they've evaporated. IBM's still around and still generating interesting numbers mostly propped up by service contribution. Even here...at some point, IT departments will move back in house or ask why services are so expensive.
It's the product life cycle thing...writ large. HP's a dispirited shell of it's former self.
Pres. Obama says he'll ask Harry Reid to put a "basic package" on the floor for an "up-or-down vote," should Congress fail to reach a deal. Congressional leaders suggest an afternoon meeting with Obama went well, but Wall Street isn't convinced the fiscal cliff will be avoided. Equity futures have added to their losses following the close. [View news story]
...wow. I'd suggest you wander around the CBO web site, pooch. Follow that up with a virtual tour of the Tax Policy Center.
France Telecom: An Opportunity To Buy This 10% Dividend Yielder At 52-Week Lows [View article]
...knock off 30%+/- - taxes - for any French stock held/owned in an individual account. Historically, that withholding tends to bring effective dividend rates back down to "normal" or easy to duplicate levels.
The Yields On These Closed-End Funds Are Highly Misleading [View article]
.. you shouldn't. The problem is lot's of CEF's with managed distribution policies...tend to lose NAV too. If the fund in question went out at $20 bucks, has a 8-10% managed distribution policy and has a net asset value of...$14...after X number of years....then you calculate your received distributions in order to see whether or not that particular fund is run by a French Poodle. It's that simple.
The Yields On These Closed-End Funds Are Highly Misleading [View article]
...it's a "managed distribution". Remember, these funds went to market at $20 bucks. If you're getting a sizable portion of that so called distribution back as ROC...rather than capital gains or dividend distributions...then maybe there's a good explantion for the low NAV.
....sorry but this category ....A&D office furniture...depends too much on specification. Corporate America isn't adding new office space filled with ridiculously expensive modular furniture and HM chairs these days. And, since very little of this stuff is actually sold to individuals or small business,....this train may never leave the station (again).
Great points but....any thoughts on duration? I'm a little confused how MTGE could/can access capital/funds at .61% unless a chunk of that is fresh equity or overnight money.
The net worth of the American family fell to $77.3K in 2010, a 39% plunge from 2007 and the lowest level since 1992, according to the Fed. Leading the decline was a 42.3% dive in the average equity in Americans' homes. (full report, .pdf) [View news story]
...translated into common, garden variety English...if our personal property isn't contributing much to our personal financial statements then it follows that we probably won't be remodeling many kitchens or upgrading our plumbing fixtures....in the near term....or moving to a nicer zip code. Back out the contribution to GDP associated with residential housing.....new starts, repair and remodeling...and it's tough to miss the obvious impact on jobs, revenue collection at all levels of government as well as our assumptions about the progress of a recovery...without a recovery in housing.
Where Is Bank Of America's 'Overdue' Recovery? [View article]
...except that BAC...or any large bank...doesn't actually "own" many residential mortgages. The overwhelming majority of home loans are sold in the secondary market on a non-recourse basis...to the GSE's - Fannie/Freddie/GNMA.
American Capital Agency Corp.'s Earnings Disaster - A Warning Of Things To Come? [View article]
historical record for...the last time mREIT's had to deal with an anticipated drop in portfolio values....say the 2003-4 time line.
The discussion recently has been focused on spreads when the
real risk....appears to be valuation. Or...am I missing something?
Long term, these have been solid investments. Short term or in
the near to visible future, I don't know how an mREIT can avoid
valuation swings.
Incomes Fall $505.5 Billion, Expenses Rise - Can You Say Stagflation? [View article]
That creative destruction note in your reply can be a little tough to
control. If, for example, we weren't supporting the financial sector
with very expansive fed policies, ...or putting an additional trillion
or so in spending out there...where do you think we'd be...or, better,
where would you be?
The reality of current Fed/fiscal policy options available to our
current sitting Congress and Executive branches just aren't very
attractive. I'm guessing here but...most investors should recognize
that fact.
HP's Identity Crisis: Calling Dr. Deming [View article]
is margins: they've evaporated. IBM's still around and still generating
interesting numbers mostly propped up by service contribution. Even
here...at some point, IT departments will move back in house or
ask why services are so expensive.
It's the product life cycle thing...writ large. HP's a dispirited shell of
it's former self.
Pres. Obama says he'll ask Harry Reid to put a "basic package" on the floor for an "up-or-down vote," should Congress fail to reach a deal. Congressional leaders suggest an afternoon meeting with Obama went well, but Wall Street isn't convinced the fiscal cliff will be avoided. Equity futures have added to their losses following the close. [View news story]
3 Under-Appreciated GDP Facts [View article]
05'-08' time frame.
3 Under-Appreciated GDP Facts [View article]
function of Govt participation or something else?
France Telecom: An Opportunity To Buy This 10% Dividend Yielder At 52-Week Lows [View article]
an individual account. Historically, that withholding tends to
bring effective dividend rates back down to "normal" or
easy to duplicate levels.
Time For Investors To Take Back Our Streets. Here's How [View article]
a comparative avg volume summary for the dates indicated
as well.
Protected Principal Retirement Strategy: Retiring Without A Million-Dollar Nest Egg - Part III [View article]
It happens. Using your strategy, you can get dinged on occasion.
The Yields On These Closed-End Funds Are Highly Misleading [View article]
distribution policies...tend to lose NAV too. If the fund in question
went out at $20 bucks, has a 8-10% managed distribution policy
and has a net asset value of...$14...after X number of years....then
you calculate your received distributions in order to see whether
or not that particular fund is run by a French Poodle. It's that
simple.
The Yields On These Closed-End Funds Are Highly Misleading [View article]
Earnings Preview: Herman Miller [View article]
much on specification. Corporate America isn't adding new
office space filled with ridiculously expensive modular furniture
and HM chairs these days. And, since very little of this stuff is
actually sold to individuals or small business,....this train may
never leave the station (again).
Annaly: We Are 'Twisted' Again [View article]
The net worth of the American family fell to $77.3K in 2010, a 39% plunge from 2007 and the lowest level since 1992, according to the Fed. Leading the decline was a 42.3% dive in the average equity in Americans' homes. (full report, .pdf) [View news story]
property isn't contributing much to our personal financial statements
then it follows that we probably won't be remodeling many kitchens
or upgrading our plumbing fixtures....in the near term....or moving to
a nicer zip code. Back out the contribution to GDP associated with
residential housing.....new starts, repair and remodeling...and it's
tough to miss the obvious impact on jobs, revenue collection at all
levels of government as well as our assumptions about the progress
of a recovery...without a recovery in housing.
Where Is Bank Of America's 'Overdue' Recovery? [View article]
many residential mortgages. The overwhelming majority of
home loans are sold in the secondary market on a non-recourse
basis...to the GSE's - Fannie/Freddie/GNMA.