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Davidesand

Davidesand
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  • American Capital Agency Is Still A Buy And Hold [View article]
    The street noise over Q1 is deafening, so I added to my position. The company has shown strong leadership and given the lack of a solid recovery, they have negotiated quite a number of "land mines". I think that this is a buying opportunity. Yes, I am long on AGNC
    May 3, 2013. 12:01 PM | 1 Like Like |Link to Comment
  • Coping With Mortgage REIT Chaos Part II: Additional Thoughts [View article]
    I agree in that the mReits will continue to provide stellar dividends for the next few years. Even better if the overall economy picks up. The sheep ran for the sidelines.
    Oct 18, 2012. 12:21 PM | 4 Likes Like |Link to Comment
  • The Future Price Of American Capital Agency [View article]
    In my humble opinion, the valuation of mREITS is similar to how other stocks are valued. Even with all the technical analysis, valuation comes from three factors. They are fear, greed, and hope. So the best one can do is look at the total return, but factor the dividends paid out as the basis for investment. If you are satisfied with 13% to 14% dividend returns and that you believe the management of these mREITS is solid and understands that they must perform in changing economic environment, then stay long. Where else with the undeserved run up of valuations (e.g. Apple) can you make that kind of return in the market. Keep in mind that the total average return from the stock market over the last 80 years has been 9.4%. While that is a really long view, in my mind it gauges how well my personal management of investments have been. I appreciate all the data and views that each of you has provided.

    I am long on AGNC
    Aug 8, 2012. 08:40 AM | Likes Like |Link to Comment
  • American Capital's 38.04% Annual Return Continues [View article]
    The analysis is correct. The historic performance, tied to the current management philosophy will continue to realize strong results. Naysayers continue to beat on the mREITS saying that the risk of interest rates rising, Euro issues, and other factors will cause problems in the near future. However, I see a good ride for 18 to 36 months and I am convinces that AGNC leadership will successfully navigate the ever changing landscape, outperforming standard investment stocks.
    I am long on AGNC, NLY,
    David
    Jun 17, 2012. 10:41 AM | 1 Like Like |Link to Comment
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