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marleyg

marleyg
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  • ETN Showdown: Are MORL - And All mREITs - Doomed By Rising Rates? [View article]
    Professor Borfman has addressed this in several of his articles and comments. You might want to look them up on SA.
    Marley
    May 16, 2015. 03:24 PM | 2 Likes Like |Link to Comment
  • ETN Showdown: Are MORL - And All mREITs - Doomed By Rising Rates? [View article]
    Thank you, Thirsty. I wasn't aware that the ex-div drop was larger after the big payout months. But, is it more than the relative drop one would expect? That is, would the drop typically take it to a lower price than the price after the (relatively smaller) drop on ex-div for the previous or subsequent small-payout month?
    For diversification, I also have positions in several other UBS 2X ETNs. The discussion regarding correlations has been helpful in evaluating the wisdom of those selections.
    Marley
    May 16, 2015. 03:17 PM | 1 Like Like |Link to Comment
  • ETN Showdown: Are MORL - And All mREITs - Doomed By Rising Rates? [View article]
    Thank you for the cogent summary of mreits. It is very helpful for small DIY investors (like me) to be reminded of the details of how these investment vehicles make money for us, and how they are affected by external factors. I have held MORL for some time & got in at a fairly good price. I'm now waiting for a) my next dividend checks and b) the price of MORL to drop below $19 per share again to increase my holdings (and decrease my average cost per share).
    Marley
    May 14, 2015. 04:28 PM | 6 Likes Like |Link to Comment
  • YMBC Q1 2015 Review - A Foolishly High Yield Portfolio [View article]
    Darren; Thanks for that. I don't currently have either, so I'll look a little closer at both.
    I very much appreciate your articles and your contributions to other SA discussions.
    May 8, 2015. 11:14 AM | 2 Likes Like |Link to Comment
  • YMBC Q1 2015 Review - A Foolishly High Yield Portfolio [View article]
    Does SPLX fit your criteria for the YMBC portfolio?
    May 7, 2015. 11:06 AM | Likes Like |Link to Comment
  • ETN Showdown: MORL Correlations And Strategies [View article]
    I had my floaters removed about 9 years ago. The treatment (zapping with a focused laser beam) is controversial, but it worked for me.
    Marley
    Apr 22, 2015. 11:02 AM | 1 Like Like |Link to Comment
  • Oil: The Bottom Is In And It Is Time To Add Stocks [View article]
    Did you sell your position in LSTMF?
    Mar 27, 2015. 11:22 AM | 1 Like Like |Link to Comment
  • Find Your Dividend Yield Sweet Spot [View article]
    Rose: "Diversification in yield-growth buckets is important."
    That is an extremely important concept - and the higher the yield in the bucket, the more diversified it must be. (IMO) :-)
    Marley
    Jan 21, 2015. 05:56 PM | 1 Like Like |Link to Comment
  • IBM: A Critical Year In 2015 [View article]
    Bill: Do you mean "headwind" rather than "tailwind"?
    Marley
    Jan 19, 2015. 10:38 AM | Likes Like |Link to Comment
  • The Next Stock I Would Build A Retirement Portfolio Upon At Any Age [View article]
    rosenose: Please give us guys a clue as to the current cost for IWS; it always seems to elude us :-)
    Marley
    Jan 17, 2015. 03:04 PM | Likes Like |Link to Comment
  • Double-Digit Distribution Income Portfolio: Part 2. Portfolio Constituents [View article]
    Left Banker; Hmmm. I didn't get any dividend on the AWLCF I bought on 9/12/14. SA shows the last ExDiv as 8/19/14. My broker optionsXpress currently shows it having no dividend. What was the date of the $1.15 payment? If OXS missed it I will need to contact them & get them to correct the situation.
    I considered purchasing additional shares at the current prices. If OXS will issue the dividend I might still do that.
    Thanks for your response & for your contributions to SA.
    Marley
    Dec 2, 2014. 11:43 AM | Likes Like |Link to Comment
  • Double-Digit Distribution Income Portfolio: Part 2. Portfolio Constituents [View article]
    What are your current thoughts on AWLCF? It has been on a downward trend for several months now & hasn't paid a dividend during that time. Is it going the way of SDRL?
    Dec 1, 2014. 10:12 AM | Likes Like |Link to Comment
  • How Much High-Yield Is Too Much High-Yield? [View article]
    DVN; "I am thinking that a case can be made that if one has not enough savings to be able to live on, say, a 4% current yield from safer DG stocks, the better course to moving some of that money into HY securities is to just plan to sell a few shares each year of the safer stocks to make up the gap in cash flow."
    My situation is about the reverse of that. My portfolio generates just about enough in dividends for me to live on, based on being fairly aggressive in purchasing high-yield instruments. (That has worked pretty well because I have been pretty diligent about purchasing at significant discounts). I have a few low-div stocks that I have held for some time that have roughly tripled in value. I plan on selling about 20-30 percent of those, reinvesting about half of the proceeds in stocks that yield 5-6% and moving the rest into my ready-cash (checking and savings) accounts to give a little more cushion. Maybe if I can keep doing that for a a few years I will end up with a more comfortable mix of lower-risk dividend stocks.
    (By the way, your articles some years ago were instrumental in my getting started with dividend investing. I strayed a bit from true DG but plan to move more in that direction as my cash cushion grows).
    Marley
    Nov 18, 2014. 12:31 PM | 2 Likes Like |Link to Comment
  • Market Overdue For A Bounce: At Least In Some Sectors [View article]
    poclerk: Yes, LMLP came out about $27 a couple of months ago. I bought on a good dip, but it is now trading below $19. It appears to be caught in the general MLP slide.
    So far it has a dividend of only $.05; The yield should go to double-digits like the rest of USB's 2X ETNs when the carnage is over. I'm going to try to pick up some more while it is trading in the teens.
    Marley
    Oct 14, 2014. 11:18 AM | 1 Like Like |Link to Comment
  • Prospect Capital Vs. Hercules Technology [View article]
    So the non-interest expenses are 7.1 and 4.3 for PSEC and HTGC respectively, a difference of 2.8 (which interestingly is exactly what you list as Income Incentive Fees for PSEC management). Are there any comments from PSEC about reducing the management fees (or switching to internal management)?
    Sep 26, 2014. 10:51 AM | Likes Like |Link to Comment
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124 Comments
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