I've built a position in NLY since Oct. 2007. Why would any investor in his right mind have faith in a Mortgage REIT throughout the trauma of the last 2yrs? The answer is management with intelligence and integrity. It's not a metric that shows up in balance sheets, charts, blogs or dividend yields. I've been able to sell some in the low 20's, buy back in the low teens and collect a juicy dividend each quarter. 19% return during the worst environment of our lifetime.
There are other NLY's out there, that's a list to relish. Any candidates?
Linn, Tortoise Energy: Risk vs. Reward [View article]
Outstanding analysis begets insightful comments. Thank you Lee Eugene & others. Lee, a TYP typo needs attention and I would also like to see an answer to deskandchairs question.
Dividends: Yield Is Not All That Matters [View article]
notsosmart, lying COE's are a dime a doz. but there are some diamonds out there. For honesty, integrity, and mmm yield try NLY. DSX fits the bill, but is out of the yield business for a while (true fiscal responsibility?). GLS is worth watching and has advantages over AYR.
Sirius, XM Complete Merger; Investors Still Blue [View article]
GJ........... I always remind my barber that, since I've been going to him, my hair has been falling out and getting grayer. But, I'll keep going there and reading Tyler because they do a great job. Live long and prosper Tyler, cos 1000, 163888, et al....
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There are other NLY's out there, that's a list to relish. Any candidates?
Linn, Tortoise Energy: Risk vs. Reward [View article]
Dividends: Yield Is Not All That Matters [View article]
Sirius, XM Complete Merger; Investors Still Blue [View article]