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  • Goodbye Fed - 2014 Sees Preferred Stock Investors Shed QE Jitters [View article]
    Ask the guy that was CEO at Mozilla how public disclosure worked out for him.
    Apr 7 09:45 PM | 1 Like Like |Link to Comment
  • These 2 High-Yield Picks Could Supercharge Your Portfolio With Dividends And Capital Appreciation [View article]
    When assessing PSEC's dividend, don't forget that they have accumulated earnings with which they can supplement NII and thereby make up any shortfall.
    Apr 3 05:00 PM | 5 Likes Like |Link to Comment
  • Prospect Capital: Meet NMMB Holdings [View article]
    Mr. Galler: Your condescending attitude does not help your case. It reinforces the belief that you are an advocate with a stake in the game, which, come to think of it, is what you are.
    Mar 11 09:11 AM | 2 Likes Like |Link to Comment
  • Prospect Capital: Meet NMMB Holdings [View article]
    That should be the "index funds". Sorry.
    Mar 7 04:17 PM | 1 Like Like |Link to Comment
  • Prospect Capital: Meet NMMB Holdings [View article]
    The indexes are not removing BDCs because of "hanky-panky". The main driver seems to be an SEC rule that would require the index to reflect a higher expense ratio if it retains BDCs in the indices.
    Mar 7 03:29 PM | 3 Likes Like |Link to Comment
  • Prospect Capital: Meet NMMB Holdings [View article]
    Those who refer to PSEC as a Ponzi scheme are deliberately smearing the company or do not know what a Ponzi scheme is. If you don't know what it is, please find out before you post. If you do know what it is, stop the smears.
    Mar 7 03:21 PM | 4 Likes Like |Link to Comment
  • Realty Income Just Delivered Another Record Quarter [View article]

    The drop from $55 hurts if you bought at $55, or $50. Being retired and as a long-time owner with a much lower cost basis, I thought $55 was a fairy-tale price and was not at all surprised to see it fall. My main concern is income. In that respect, O is one of only 16 REITs that did NOT cut its dividend in the 2008-2009 onslaught.

    If the fundamentals haven't changed, I hold. That's one thing I have in common with Buffett.
    Feb 15 09:22 AM | 1 Like Like |Link to Comment
  • More On Puerto Rico [View article]
    Perhaps this puts to rest talk of statehood, at least for a few years.
    Feb 13 02:42 PM | Likes Like |Link to Comment
  • American Capital Agency: Conference Call Turned Circus Act [View article]
    I haven't done any legal research but...I know that Monmouth (equity REIT) has been buying the common and preferreds of other REITs for many years. It's not exactly a secret so I assume it would have been stopped by now if it were illegal.

    Ergo, if equity REITS can buy stock in other REITs, why can't mREITs do the same? Would congress have treated mREITs differently in this regard? I assume this was approved by AGNC's legal team. But I will now do some research and report back.
    Feb 8 09:27 AM | 2 Likes Like |Link to Comment
  • No Margin Of Safety In FedEx, But What About A FedEx Landlord? [View article]
    When you get to be retired and 75 years old, you'll give less of a hoot about growth. Show me da money, now.
    Jan 29 12:06 PM | 5 Likes Like |Link to Comment
  • High-Yielding Preferred Stocks Start 2014 With A Bang [View article]
    Yet MNR preferreds may be as safe as any. A large chunk of their distribution center portfolio is leased to Fedex. Anyway, they haven't been trading at much of a discount, if at all.
    Jan 15 12:55 PM | Likes Like |Link to Comment
  • Campus Crest Offers Great Yield And Good Upside [View article]
    Ruk, you seem to say that CCG focuses on "mid-level private schools". I took a quick look at their portfolio and don't see such a focus. Perhaps I misunderstood?
    Jan 15 10:09 AM | 1 Like Like |Link to Comment
  • 5%-Plus Dividend Yield: TECO Strategy Explained [View article]
    Foreign countries still use coal. India generates 55% of its electricity by coal. While we cut back on coal-fired plants, India is increasing its number of coal-fired plants. China is the largest consumer of coal in the world. More coal will be used in the rest of the world as economies expand. Somebody is going to sell coal to the rest of the world so it might as well be us.

    And one more time: Enviros don't like natural gas either. To begin with, it's a fossil fuel. You have to disturb the earth to get to it. Then they have major objections to fracking. See my post above.

    They don't even like wind power now because birds fly into the windmill blades. They don't like nuclear either.
    Jan 12 12:33 PM | 2 Likes Like |Link to Comment
  • Is It Time To Sell Stocks And Buy Bonds? [View article]
    The Fed will move heaven and earth to prevent the yield on the 10-year from going to 4.5%. The country simply can't afford it. Servicing new debt at that rate would swallow the budget. In any event, we're headed for the cliff with no brakes.
    Jan 12 05:54 AM | 1 Like Like |Link to Comment
  • 5%-Plus Dividend Yield: TECO Strategy Explained [View article]
    The editor's note should have said that this article "mentions" a stock (JRCC) rather than "covers" a stock. You can chill now.
    Jan 11 04:00 PM | 1 Like Like |Link to Comment
COMMENTS STATS
105 Comments
161 Likes