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murray555

murray555
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  • After Rebalancing, CEFL February Dividend Will Bring Yield To 18.8% [View article]
    COBeeMan - I like your method.

    I do much the same...I think of it as another way of rebalancing.

    Much success to you! :o)
    Jan 23, 2015. 02:54 PM | 2 Likes Like |Link to Comment
  • After Rebalancing, CEFL February Dividend Will Bring Yield To 18.8% [View article]
    Lance, I am surprised to hear MORL is your favorite. I am long MORL but I like CEFL the best. Why is MORL your favorite?

    Thanks for another thought provoking article.

    Long - MORL, CEFL, BDCL, DVHL, HDLV, and MLPL.
    Jan 23, 2015. 02:48 PM | Likes Like |Link to Comment
  • After Rebalancing, CEFL February Dividend Will Bring Yield To 18.8% [View article]
    Actually I said it is unlikely to happen again in my lifetime. Anything is possible. Two things to think about...

    1- events like the 2008/2009 recession don't happen often. While minor recessions occur with some frequency those of the 2008 magnitude do not.
    2- most of the stocks that suffered during the downturn of 2008/2009 have fully recovered and then some. The investors who got hurt the most were those who sold when prices went down and did not reinvest out of fear.
    Jan 23, 2015. 02:46 PM | Likes Like |Link to Comment
  • Bond Bears: Eat Crow! [View article]
    Why does GHY not report their expense ratio? I see that they do have 31% leverage.
    Jan 22, 2015. 11:24 AM | Likes Like |Link to Comment
  • Memo To Prospect Capital Corporation's Potential Investors: Why I'm Long [View article]
    I don't see how you can say they "conservatively invest in debt" when the opposite is true.

    Also, until PSEC management backs off the ATM sales of stock investors will be faced with dilution which will result in price erosion and possibly more dividend cuts down the road.

    I also think management fees need to be trimmed. There is a conflict of interest there.
    Jan 21, 2015. 08:59 PM | 3 Likes Like |Link to Comment
  • After Rebalancing, CEFL February Dividend Will Bring Yield To 18.8% [View article]
    It seems to me that if you aren't willing to hold these ETNs forever as an income producer, why hold them at all?

    There are other investments out there that would make more sense for the trader or growth investor.
    Jan 20, 2015. 09:04 AM | 1 Like Like |Link to Comment
  • After Rebalancing, CEFL February Dividend Will Bring Yield To 18.8% [View article]
    How many times in the last century have we seen a 2008/2009 scenario?

    It is not very likely we will see one again in my lifetime.

    But if you want to favor the exception rather than the rule...good luck.
    Jan 20, 2015. 08:59 AM | 3 Likes Like |Link to Comment
  • I Have Concerns Regarding American Capital Agency After The Dividend Announcement [View article]
    Nah...you put your money under the mattress inflation will erode it. You need to spend every penny you get as soon as you get it! Or even better spend it before you get it.....oh wait....most people already do this ;o(
    Jan 19, 2015. 01:49 PM | Likes Like |Link to Comment
  • American Capital Agency declares $0.22 dividend [View news story]
    And even those who do want to refi are still faced with meeting the requirements for refi. Most of those who could refi already have. That is not an issue.

    The flattening spread is more troublesome but I don't see how the long rates can stay low for long (no pun intended) considering the state of economics in the rest of the world. People and countries with money looking for a safe haven are going to demand US issues and that will drive the rates up.

    Not saying that there isn't a possibility of a temporary inverted spread but it doesn't seem very likely at all.
    Jan 16, 2015. 08:54 AM | Likes Like |Link to Comment
  • An ETF Portfolio Yielding 9% [View article]
    And you think oil is going to continue to tank?
    Jan 12, 2015. 04:54 PM | Likes Like |Link to Comment
  • Ellington Financial: A 15% Yield Trading At A Double-Digit Discount To Book Value [View article]
    Thanks AA :o)

    I have owned EFC since 2011 and despite a capital loss ($22.69 basis), it has generated $9.84 in dividends and continues to roll on.

    I like AI as well. You might want to look at it.
    Jan 12, 2015. 03:00 PM | Likes Like |Link to Comment
  • Wells Fargo pulls the plug on mortgage REITs [View news story]
    Not really. Inverted yield curve = no income. As long as there is a positive delta between the rates there is income.
    Jan 12, 2015. 12:00 PM | 1 Like Like |Link to Comment
  • Wells Fargo pulls the plug on mortgage REITs [View news story]
    Not just NLY...CMO, MFA, etc. have been paying double digit dividends for years. Through good and bad rate periods. But I guess I should sell my shares at a loss to Wells Fargo to help them out!
    Jan 12, 2015. 11:58 AM | 2 Likes Like |Link to Comment
  • Wells Fargo pulls the plug on mortgage REITs [View news story]
    Why would any intelligent person even listen to these yahoos? They have shown time and time again they cannot prognosticate their way out of the toilet.

    Unless....someone is trying to manipulate prices to add some shares...hmmm....
    Jan 12, 2015. 11:54 AM | 6 Likes Like |Link to Comment
  • Wells Fargo pulls the plug on mortgage REITs [View news story]
    You are assuming that if the Fed reduces the short rates that the long rates will stay low. More likely the long rates will go up along with the short rates.
    Jan 12, 2015. 11:53 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
353 Comments
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