Annaly: Conservative Confidence For The Long Term [View article]
so your hypothesis is that although the spread is shrinking, which effects all mreits, and the risk due to prepayments are increasing, which effects nly more then others, the management has proven to be successful in other "difficult" environments. Therefore you remain bullish on NLY over other stocks in the sector based on your perception of the managements effectiveness.
I don't have the history with the company that you do, and for me when a company starts selling assets in order to pay the dividend that is an early warning. If I was a long time holder it wouldn't be a big deal, but as a new investor, who bought in near the upper end of this last big run up, I really don't want to end up holding the bag and the way things are going if we get a couple more days like we've had I'm going to be underwater, with the possibilitiy of a dividend cut and really no real catalyst in sight to boost the share price back up, if anything the future holds negative catalysts for the whole sector.
Are Dividend Growth Stocks In A Bubble? [View article]
lol like two girls with the same dress at the party
for real though, today was a huge day for me, and my understanding of crucial investing strategies BECAUSE of these two articles.
I think that the idea that dividend stocks are getting too much attention is a function of the fact that some of the best contributors on this site happen to be DGIs. all you guys, (c.c., d.v.k, d.f. etc, you know who you are) should combine your ideas into a book, a collection of essays in the same vein as buffett's shareholder letters. I'd put that book up beside intelligent investor, one up on wall street etc any day.
Dividend Aristocrats Are Undervalued [View article]
honestly, I think "dividend growth investing" as well as "dividend stock bubbles" are smoke and mirrors for what's really going on here. imo, what is championed by "dividend growth investors" is actually just sound investing strategy, buying the best companies at the best prices. I beleive that there is a statistical bias in that, for the most part, strong, mature well run companies just happen to pay dividends! the rest is just media hype, buzz words created so that people who's business it is to talk, have something to talk about.
chuck cuts to the heart of it all here: valuation. imo, there is not much trick to finding the best companies, they are pasted on billboards, websites and tv, their logos surround us everyday. the secret to being a successful investor is the ability to recognize when these companies are a good value based on the information at hand. I thank you chuck for all your hard work writing these articles and creating tools to help us sift through the glut of information out there so we can focus on what's really important.
Why Windows 8 Made Me Sell Microsoft [View article]
uggghhhh. sometimes I can't stand the articles on this site. you sold the stock because you couldn't figure it out? you do realize that the metro ui turns the whole desktop into the start button right?
the success of windows releases is never felt for years. why? each new windows version opens new possibilities in computing, but it takes time for developers and hardware manufacturers to create the tools to utilize these new possibilities. touchscreens, social networking, intehrated communications are still new in the grand scheme of things, and the full impact of these new technologies will not be felt for a long time. the new windows, office, server etc were designed to give developers a platform to explore these new technologies, and create the next evolution of computers.
I have no doubt that the new windows will eventually be as revolutionary, as ground breaking as the original windows was. i urge all serious investors to capitalize on any buying opportunities that are created by people who can't figure out how to turn their computers off (seriously you sound like my grandma!)
This Is The Real Source Of Our Economic Problems [View article]
this oversimplification of how drug companies work is a common fallacy. the thing is for every drug that is approved and works, tens of drugs are created that don't work or are not approved. each working drug has to pay for all of the failures, cover the risk and high fixed costs of development. this is something I would expect investors to understand.
that company in vietnam or china did not have to pay those fixed costs, or take on the risk in order to aqcuire the drug, they did not have to pay for any of the failures. even worse, in canada, our government run medical system has enourmous pricing power over the drug companies, as they can buy large quantities, but will only pay a price that does not take any of the developmental costs into consideration, just the manufacturing costs. and before anybody thinks this is better, just wait in a canadian clinic for three hours to get a prescription, six months to get a surgery or an indefinite amount of time to find a family doctor. these are the results of price fixing in canada.
now some of you are going to argue thst this can't be true, american drug companies make huge profits, which is true. however this fact is the reason that the risk of developing drugs are taken, and the reason that most drugs in the world were developed in america. your doctors and scientists aren't smarter, its just that the existence of the potential profits creates incentives to develop them in the first place.
I am very suprised at some of the comments on a site dedicated to investing. this is basic economics guys.
This Is The Real Source Of Our Economic Problems [View article]
i used to beleive very much like yourself, but then I began learning about economics and political policy, specifically the study of incentives and constraints. it seems to me that there is more then enough historical proof that when then incentives for hard work are removed by government policy, and the constraints on laziness and living an unproductive lifestyle are softened in the name of the common good, human beings will tend to act in a way that shrinks the economic pie, hurting everyone involved. the work of Thomas Sowell in particular really changed my mindset in these matters. The unravelling of the social experiments in Europe are the latest examples of this trend, and there are many others.
this is not to say that I wish to live in a world without laws, or one where the citizenry doesn't care for each other. rather, I now beleive that the role of government is to determine the rules by which society wishes to live, create laws to embody these rules and then enforce them. In this way we are not that far apart. however, government and economics do not mix very well, for many reasons. In a nutshell the argument is whether or not economic policy should be based on an equitable distribution of the economic pie, or in growing the pie. free markets, with government intervention only in areas of law enforcement, ie making sure people don't steal from each other, have historically been the best system to grow the pie. the more governments have gotten involved in the distribution of the pieces, the more the removal of the incentives and constraints have stifled the aspects of human nature that have gotten us this far. there is a reason why the west has lead the world in economic growth in the last 500 years, and a reason the tv, car and computer are all American inventions.
This Is The Real Source Of Our Economic Problems [View article]
not sure I understand your analogy. are you saying the housing crisis was caused by fraud on the part of home sellers?
the argument here is that the blame should be laid at the feet of lenders, who lent money to those who were unqualified to receive it. my assertion is that the fact that they were unqualified was a function of their own laziness or stupidity, which was then further illuminated when they signed agreements that they could only meet if the then current fantasy world continued to exist.
now obviously there was fraud, gouging etc on the part of the bankers but I strongly feel that some of the blame needs to be laid at those who got themselves into the mess, and then in many cases took the easy way out by walking away from their commitments.
don't borrow what you can't pay back, don't live beyond your means, don't consume more then you can produce, if it looks to good to be true, it probably is etc.
also, as I am also canadian, I can understand your comments about government and price distortions in light of your username, in ways that many on here can not. I continue to urge all canadians, and americans for that matter to keep an eye on what has been happening in Europe, Greece being the most horrific example of what happens when ideas that you espouse are taken to their extremes.
Constantly Seeking Retirement Income: 4 REITs To Buy Now [View article]
I have to say RS I only read you partly for investing information, the other part pure entertainment. i always lol after you make an incredibly forceful statement and the naysayers magically disapear.
need the number? lol
also I keep forgetting to congratulate you on actually making facebook useful and relevant.
Bank Of America Will Reward Shareholders Sooner Than Later [View article]
sorry can't feel bad for anyone who's retirement was ruined by one stock. as investors we often profit from others bad judgement, its the name of the game.
Facebook Faces Harsh Accusation [View article]
good on you for taking this guy to task.
imo, he/she/it should not be allowed to comment on this site, too much bs.
maybe its a bot too. No, a bot would have better spelling and grammar
lol
Annaly: Conservative Confidence For The Long Term [View article]
I don't have the history with the company that you do, and for me when a company starts selling assets in order to pay the dividend that is an early warning. If I was a long time holder it wouldn't be a big deal, but as a new investor, who bought in near the upper end of this last big run up, I really don't want to end up holding the bag and the way things are going if we get a couple more days like we've had I'm going to be underwater, with the possibilitiy of a dividend cut and really no real catalyst in sight to boost the share price back up, if anything the future holds negative catalysts for the whole sector.
This is a tough one for me...
Annaly: Conservative Confidence For The Long Term [View article]
Annaly: Conservative Confidence For The Long Term [View article]
specifically the comment " far more exposed to prepayments than its mREIT brethren"
thanks for all your hard work
Delving Deeper Into The Ackman - Procter & Gamble Saga [View article]
Are Dividend Growth Stocks In A Bubble? [View article]
for real though, today was a huge day for me, and my understanding of crucial investing strategies BECAUSE of these two articles.
I think that the idea that dividend stocks are getting too much attention is a function of the fact that some of the best contributors on this site happen to be DGIs. all you guys, (c.c., d.v.k, d.f. etc, you know who you are) should combine your ideas into a book, a collection of essays in the same vein as buffett's shareholder letters. I'd put that book up beside intelligent investor, one up on wall street etc any day.
Dividend Aristocrats Are Undervalued [View article]
chuck cuts to the heart of it all here: valuation. imo, there is not much trick to finding the best companies, they are pasted on billboards, websites and tv, their logos surround us everyday. the secret to being a successful investor is the ability to recognize when these companies are a good value based on the information at hand. I thank you chuck for all your hard work writing these articles and creating tools to help us sift through the glut of information out there so we can focus on what's really important.
Why Windows 8 Made Me Sell Microsoft [View article]
the success of windows releases is never felt for years. why? each new windows version opens new possibilities in computing, but it takes time for developers and hardware manufacturers to create the tools to utilize these new possibilities. touchscreens, social networking, intehrated communications are still new in the grand scheme of things, and the full impact of these new technologies will not be felt for a long time. the new windows, office, server etc were designed to give developers a platform to explore these new technologies, and create the next evolution of computers.
I have no doubt that the new windows will eventually be as revolutionary, as ground breaking as the original windows was. i urge all serious investors to capitalize on any buying opportunities that are created by people who can't figure out how to turn their computers off (seriously you sound like my grandma!)
This Is The Real Source Of Our Economic Problems [View article]
that company in vietnam or china did not have to pay those fixed costs, or take on the risk in order to aqcuire the drug, they did not have to pay for any of the failures. even worse, in canada, our government run medical system has enourmous pricing power over the drug companies, as they can buy large quantities, but will only pay a price that does not take any of the developmental costs into consideration, just the manufacturing costs. and before anybody thinks this is better, just wait in a canadian clinic for three hours to get a prescription, six months to get a surgery or an indefinite amount of time to find a family doctor. these are the results of price fixing in canada.
now some of you are going to argue thst this can't be true, american drug companies make huge profits, which is true. however this fact is the reason that the risk of developing drugs are taken, and the reason that most drugs in the world were developed in america. your doctors and scientists aren't smarter, its just that the existence of the potential profits creates incentives to develop them in the first place.
I am very suprised at some of the comments on a site dedicated to investing. this is basic economics guys.
This Is The Real Source Of Our Economic Problems [View article]
a commonality composed of strong individuals is the only route to prosperity
This Is The Real Source Of Our Economic Problems [View article]
this is not to say that I wish to live in a world without laws, or one where the citizenry doesn't care for each other. rather, I now beleive that the role of government is to determine the rules by which society wishes to live, create laws to embody these rules and then enforce them. In this way we are not that far apart. however, government and economics do not mix very well, for many reasons. In a nutshell the argument is whether or not economic policy should be based on an equitable distribution of the economic pie, or in growing the pie. free markets, with government intervention only in areas of law enforcement, ie making sure people don't steal from each other, have historically been the best system to grow the pie. the more governments have gotten involved in the distribution of the pieces, the more the removal of the incentives and constraints have stifled the aspects of human nature that have gotten us this far. there is a reason why the west has lead the world in economic growth in the last 500 years, and a reason the tv, car and computer are all American inventions.
This Is The Real Source Of Our Economic Problems [View article]
the argument here is that the blame should be laid at the feet of lenders, who lent money to those who were unqualified to receive it. my assertion is that the fact that they were unqualified was a function of their own laziness or stupidity, which was then further illuminated when they signed agreements that they could only meet if the then current fantasy world continued to exist.
now obviously there was fraud, gouging etc on the part of the bankers but I strongly feel that some of the blame needs to be laid at those who got themselves into the mess, and then in many cases took the easy way out by walking away from their commitments.
don't borrow what you can't pay back, don't live beyond your means, don't consume more then you can produce, if it looks to good to be true, it probably is etc.
also, as I am also canadian, I can understand your comments about government and price distortions in light of your username, in ways that many on here can not. I continue to urge all canadians, and americans for that matter to keep an eye on what has been happening in Europe, Greece being the most horrific example of what happens when ideas that you espouse are taken to their extremes.
Constantly Seeking Retirement Income: 4 REITs To Buy Now [View article]
need the number? lol
also I keep forgetting to congratulate you on actually making facebook useful and relevant.
Bank Of America Will Reward Shareholders Sooner Than Later [View article]
This Is The Real Source Of Our Economic Problems [View article]