peteF

peteF
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In 2015 I spent a lot of time learning about mREITs. I am left feeling they are almost as much a waste of IQ and education as doing my US taxes. I am trying to open an account with Interactive Brokers with the idea that I can do better than an MREIT..if I get 1.5% margin interest, not 6.5% to 8%

Luckily I was mostly a successful trader of mREITs and not a buy and hold guy. I did experience failure in bottom picking later in 2015 but noticed math genius, bond guru Jeff Gundlach seemed to get fooled worse in his "it's now safe to buy NLY" call in mid 2015.

I had an up year holding mostly build america bond CEF's NBB, & BBN. BUT I would have had the same money Feb 1 as Dec 31, 2015 if I sold ...More
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  • Description: Full-time Investor. Trading frequency: Monthly
  • Interests: Bonds, Closed End Funds, REITs
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LATEST STOCKTALK more »
Scott Kennedy said $MITT didn't cut earlier, while other Mreit's did..so now MITT is more in line with other Mreit's cuts Sep 11, 2013