Herb 3rd

Herb 3rd
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  • A check of mortgage REITs as the Fed looks to continue banging away at their net interest spread: Among the pure-agency REITs, HTS, which slashed its dividend last night, -2.3%. Also, AGNC -1.2%, but NLY +0.8%. The non-agency players mostly fare better, DX -0.1%, IVR -0.3%, EFC -0.1%[View news story]
    I am a retired banker of 37 years. I have seen markets go up and down not unlike a pendulum. It goes from one extreme to another before it reverses itself. When the DOW has moved to about 13,500 it then has gone down hill a number of times. Good stocks often go down with marginal ones. We are getting close to a sell off in my opinion. Build some liquidity and position your portfolio for buying at lower prices.
    I have been in the market for 55 years. It's the same game. Do your research, buy low and sell high ---and---pray a lot.
    Dec 12, 2012. 04:31 PM | 3 Likes Like |Link to Comment
  • American Capital Agency: Using An Option Strategy To Hedge High-Yield, Low-Volatility Stocks  [View article]
    Why not put a stop/sell order in at 10% below your purchase price? I enjoy the game but invest primarily in real estate. I do own 2 of the mreits you have been discussing, AGNC and NLY.
    May 14, 2012. 10:21 PM | 1 Like Like |Link to Comment