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  • American Capital Agency's Dividend Range Scenarios For Q4 2013 [View article]
    .65 announced for both. Looks like you were right on the money. Good job!!
    Dec 18 04:16 PM | 5 Likes Like |Link to Comment
  • Kain's co-CIO departs American Capital Mortgage [View news story]
    What's strange is the timing. Coming on the same day as the presentation at Merrill's banking and financial services conference.
    Nov 14 05:21 PM | Likes Like |Link to Comment
  • 41% Total Return With American Capital Mortgage Investment Corp. [View article]
    To each his own Dave. To each his own.

    Don't think MTGE is going to get "wiped out". You're right about one thing though. I AM playing. Just not with fire.
    Feb 20 01:51 AM | Likes Like |Link to Comment
  • 41% Total Return With American Capital Mortgage Investment Corp. [View article]
    My allocation in MTGE is high and I realize that. And I'm certainly not advocating it for anyone else. But here's the point.

    Everyone on this blog is already interested in MTGE otherwise they wouldn't be here posting and commenting. I read every one. Plus I keep on top of a dozen others. Norman's good article is only one of many that I keep up with. There are many smart intelligible people out there that can digest and disect annual reports, 10 Q's, etc. I can't. Nor do I want to.

    But I'm not living in a cave. If things suddenly (or slowly) start to deteriorate with reits, I'll be out in a heartbeat. But at least for now, and the near future, they're on a roll. I know it won't last forever. Nothing does. But right now MTGE is hot, and as the saying goes, you have to strike while the iron is hot.

    And one final thing. If you like reits, why is it necessary to spread your nest egg between 3 or 4 or 5 or 6 of them? Again, it's much easier to watch, and keep an eye on, just one.

    I picked MTGE around the time Norman did because of the excellent track record built up by AGNC. I could have plunked everything into AGNC, but I chose MTGE because it was up and coming, had the same management team, and could invest in non-agency paper, unlike AGNC. Pretty simple really.

    Got a real nice pop in the stock price, stops are set preventing a loss of capital, and income is rolling in. What more can someone ask?
    Feb 15 08:39 AM | Likes Like |Link to Comment
  • 41% Total Return With American Capital Mortgage Investment Corp. [View article]
    Opportunities like MTGE don't come along often. I've never understood why people are reluctant to take advantage of them.

    If you got burned with bank stocks as you say, my only question would be, "Didn't you see it coming? And, why didn't you act?"

    I have 90% of my IRA in MTGE and have no fears whatsoever. The income stream is enabling me to enjoy retirement like I had hoped.

    I have stops set, and am quite relaxed with my allocation.

    One final point. I find it much easier to keep a close eye on one or two stocks, than multiple companies, scattered all over multiple sectors, just for the sake of diversification.
    Feb 14 05:21 PM | Likes Like |Link to Comment
  • American Capital Has Blow-Out Quarter: NAV Up To $15.71 [View article]
    <<< It has a "kicker" in that it is the management company for a large and growing agency mortgage REIT, American Capital Agency Mortgage (AGNC) and earns management fees which increase with increases in the assets under management ......>>>

    It actually has 2 "kickers". Don't forget about the up & coming MTGE.
    May 2 10:39 AM | Likes Like |Link to Comment