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murray555

murray555
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  • Rough day for BDCs as rates are back on the rise [View news story]
    Cooler heads will prevail. And thanks yet again to all you fear and greed investors for the fire sale. Appreciate it...
    May 6, 2015. 09:47 PM | Likes Like |Link to Comment
  • Prospect Capital: Continued NAV Declines? [View article]
    I had owned PSEC for years and sold off the last of my shares a few months ago. I cannot stand the management attitudes toward shareholders.

    Anyone holding this BDC for a long time may make money...but the question is...could they have done better in something else?

    I keep my eye on them even though I doubt I will ever invest in PSEC again, at least with the current management! It's kind of like looking at a horrid accident...you don't want to look but you have too!
    May 6, 2015. 11:58 AM | 1 Like Like |Link to Comment
  • Just 4 Words To Describe American Capital Agency [View article]
    I first invested with AGNC in March 2009 and have added since then. I have NOT lost money. I have MADE a lot of money.

    mReits are not for everyone. Those who don't understand them or who are looking for a get rich quick investment should stay away. Also those who cannot stand the volatility should stay away.

    I sleep very well at night...particularly when I get those cash dividends rolling into the bank.

    Most of the critics of AGNC and mReits in particular are fear and greed investors...never a good thing. This type of investor will lose money no matter what they invest in.

    But I have to say thank you to all you fear and greed investors. Because of you I am able to buy at a low price and sell at a high price. Thanks again and keep up the good work!
    May 1, 2015. 01:53 PM | 7 Likes Like |Link to Comment
  • American Capital Agency Illustrates The Busted Agency MREIT Business Model [View article]
    PS - I also ran NLY from Oct 8, 1997 to April 27, 2015...total annualized return of 10.98%

    Give me more flawed business models like this please.
    Apr 28, 2015. 03:08 PM | 7 Likes Like |Link to Comment
  • American Capital Agency Illustrates The Busted Agency MREIT Business Model [View article]
    According to Longrundata.com, had you bought AGNC on April 27th, 2009 and held it until today, you would have a total annualized return of 23.49%

    One dollar invested then would be worth $3.55 now.

    Where's the problem?
    Apr 28, 2015. 03:05 PM | 9 Likes Like |Link to Comment
  • ETN Showdown: Is MORL Overvalued? [View article]
    If rates do go up someday wouldn't BDCL be an ETN that could profit by it?

    Good read JB...thanks!
    Apr 26, 2015. 07:18 AM | 2 Likes Like |Link to Comment
  • 3 Ways For Prospect Capital To Create Value For Shareholders, Instantly [View article]
    Actually...moving on means I am not long PSEC, I don't own any PSEC, and I have no plans to buy any PSEC.

    Seems some of you PSEC owners are a little touchy. I have never understood why you would only want those who agree with you to comment.

    You learn so much more reading the comments of those who disagree with you.

    Anyway...it is your money. If you choose to gamble it on PSEC that is your choice. Again...good luck!
    Apr 16, 2015. 03:36 PM | 1 Like Like |Link to Comment
  • 3 Ways For Prospect Capital To Create Value For Shareholders, Instantly [View article]
    I sold the last of my PSEC last year also. My problem is with management compensation and lack of transparency.

    I have no plans to buy PSEC in the future. I have moved on and suggest that you all should do the same. Good luck.
    Apr 15, 2015. 01:25 PM | 3 Likes Like |Link to Comment
  • Make Over 8.5% With A Multi-Sector CEF Bond Portfolio [View article]
    I also like to see no more than 30% leverage on a CEF in addition to discount to NAV (at least 5% or greater). Only BHK meets this criteria.
    Apr 9, 2015. 02:29 PM | Likes Like |Link to Comment
  • 'Income Growth' Vs. 'Dividend Growth' - The Re-Match [View article]
    Thanks Darren :o)

    And thanks for cluing me in on AI some time ago.
    Apr 6, 2015. 12:04 PM | Likes Like |Link to Comment
  • REIT ETF/ETN Showdown: REM Vs. MORL [View article]
    I take all distributions in cash from my high yield assets (ETN, ETF, CEF, MLP, BDC).

    I use some to live on, some to replenish my emergency fund (2 years of cash with inflation increases), and some to buy other high yield assets that go on sale.
    Apr 6, 2015. 11:45 AM | 2 Likes Like |Link to Comment
  • Make Over 8.5% With A Multi-Sector CEF Bond Portfolio [View article]
    Darren, Thanks for the example. I agree that CEF's are better purchased at a discount. I prefer a 5% or greater discount to NAV. PKO is on my watchlist for now. Maybe in a few years I will get a chance to pick some up.
    Apr 6, 2015. 10:48 AM | Likes Like |Link to Comment
  • Make Over 8.5% With A Multi-Sector CEF Bond Portfolio [View article]
    BHK performed relatively well in 2008/2009. Did not miss a distribution and has fully recovered.
    Apr 6, 2015. 10:27 AM | Likes Like |Link to Comment
  • Make Over 8.5% With A Multi-Sector CEF Bond Portfolio [View article]
    Thanks for an interesting article. Of the CEFs you mentioned, I own two...PKO and BHK. I am long the following and would appreciate any comments regarding these. :o)

    EHI
    RCS
    PTY
    PCM
    PKO
    PCN
    PCEF
    DNP
    BHK
    Apr 6, 2015. 10:23 AM | Likes Like |Link to Comment
  • What Prospect Capital Corporation's Q1 Activity Means For Shareholders [View article]
    PSEC is quicksand...you get in and it slowly sucks you under. If you are lucky enough to get out alive...RUN!
    Apr 2, 2015. 07:04 PM | 7 Likes Like |Link to Comment
COMMENTS STATS
386 Comments
656 Likes