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WmHilger1

WmHilger1
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  • Orchid Island Capital: Can It Get Any Easier? [View article]
    Sun, of course the shareholders paid any fine or other expense incurred by ORC. Who is the ultimate payer of everything in the world? The public! There are no other sources of wealth in the world except the people. Not even governments, corporations, or the sun and moon.

    Absolute wealth is a fiction! EVERYTHING is only worth what someone else will pay for it! And that is dependent on what someone else will pay them for it. So don't feel sorry for people who sell their stocks at a loss! They are all part of the same BIG GAME! Some win and some lose and the universe continues to exist! Good luck!
    Jul 27, 2015. 09:51 AM | Likes Like |Link to Comment
  • Orchid Island Capital: Can It Get Any Easier? [View article]
    CWMF - I totally concur with you. In fact, I have bent one of my own rules in the last couple of weeks and bought 5,000 shares of ORC at various declining prices ON MARGIN! If, and why shouldn't it, this strategy works out, I will collect over 10% in dividends and my broker will be happy to also collect his cut, as margin interest. Then I can either sell the stock if it goes up, or pay off the margin ASAP and keep the stock for the possibly declining, still quite acceptable, dividends.
    Jul 26, 2015. 08:38 AM | 3 Likes Like |Link to Comment
  • Energy, healthcare, BDCs, mREITs underperforming today [View news story]
    I have been in an income focus for about 7 years now. Mentally and logically, I don't really care a great deal whether my stocks are up or down as long as I continue to collect 14.44% on them (up from 12.5% last month). However, it is still a little disheartening to see my total assets decline by $5,000 or so every day. It makes my total assets appear weaker, and they are. If a personal need for cash should arise, it would also make it more difficult to acquire the needed amount without selling stocks that I would prefer to hold!
    Jul 25, 2015. 08:36 PM | 5 Likes Like |Link to Comment
  • Both Crestwood Companies' Dividends Are Not Sustainable [View article]
    You say that both companies went down in value over the past 2 years. Just off the top of my head, I can't remember ANY MLPs that DIDN'T go down, some as much as ~60%. There may be other problems with Crestwood, although you really didn't expand much on that subject, but don't bad-mouth Crestwood for a downward slide by it AND its peers. And 15% dividend yield is certainly a nice yield to get in any situation (although my calculations show a 16.27% yield as of last Friday.
    Jul 25, 2015. 04:48 PM | 1 Like Like |Link to Comment
  • Energy, healthcare, BDCs, mREITs underperforming today [View news story]
    IF ONLY!!!!!!!!!!! And, if only I could figure out what the markets for BDC, REIT, and MLP stocks are doing right now, and WHY! All of this negativism has me baffled. What seems to be good news is bad, and what seems to be bad news is also bad?!?

    I am still doing what I did in 2009 and 2010 and expecting it to work out eventually --- buy and hold for the dividends! In fact, with this activity, my dividend earnings are actually going UP; by $12K since 7/1/15! A WEIRD situation --- my total assets are going down while my income is going up!
    Jul 25, 2015. 10:51 AM | 2 Likes Like |Link to Comment
  • BDCs And 'The One Thing' [View article]
    Among others, I find the following discrepancies in your figures:

    My info shows FULL as paying 11.8% dividends.
    Also, I calculate GLAD at 10.4% dividends

    There are other stocks where I calculate different dividend percentages, but I think you should review any on your list that show less than 9.5%. I own some of 14 of these stocks and I have recently rolled some of the lower paying ones up into my new range of >9%. I have nothing that pays less than 9.5%
    Jul 17, 2015. 10:10 AM | Likes Like |Link to Comment
  • Can High Yield Investment Portfolios Support Higher Income In Retirement? [View article]
    Steve, this shows the fallacy of testing for only one or two parameters. Various other significant parameters may be ignored and not even tested for. One of these is the overall investment intent and parameters of the investment system being used. As you may or may not know, one of the most significant parameters of the MRHY system, and nearly every other system, is to buy stocks when they are in some kind of distressed condition so as to get the best yields possible. That certainly applies to BDC, REIT, and MLP stocks at present, a situation that I don't see as continuing much longer.

    I have reviewed records on the 6 stocks you cited. As you can see, all of them still qualify as MRHY, whether reduced in dividend yield or not! i hold them until and unless they drop below my current requirement of 9% yield, whereas my original required yield was 6% to 10%. Even at those rates, my annual income was more than sufficient to supply me with adequate income. When/if available MRHY dividends go back below the current ones, I have no doubts that I will still be getting adequate income.

    EFC first purchased on 4/15/13 with a current YOC of 11.092%,
    HRZN first purchased on 8/15/12 with a current YOC of 9.772%,
    KCAP first purchased on 10/2/09 with a current YOC of 13.07%,
    MCC first purchased on 1/29/15 with a current YOC of 9.786%,
    RSO first purchased on 5/7/14 with a current YOC of 9.606%,
    WMC first purchased on 4/17/14 with a current YOC of 18.208%.

    Figures don't lie, but backtesting sure does produce some unreliable
    results.
    Jul 16, 2015. 01:18 PM | Likes Like |Link to Comment
  • Dividend Capture Strategies: This One Might Actually Work [View article]
    I accomplish something near the same thing by buying MRHY stocks on margin just a day or two before the X-dividend date (if they haven't gone up too much aticipatory to the X date), and selling after it has recovered after the X date or dividend. It only works well if the stock is paying at least 3% over the margin rate and DOES go back up after the X date. If it doesn't go back up sufficiently, you may end up trapped with stock you don't really want while paying commissions, margin interest, and regular income taxes on it, while the price is languishing or even declining.
    Jul 16, 2015. 09:43 AM | Likes Like |Link to Comment
  • Can High Yield Investment Portfolios Support Higher Income In Retirement? [View article]
    It actually happened. Because of emails that I have received directly from SA. I believe that they sort of keep a special eye on me. Possibly because of my stated and vocal antipathy toward the current financial establishment, plus my declared preference (and use) of MRHY.

    Think what you like! I had to log out of SA, wait several minutes, and then log back in so that I could type that second comment. You don't think that the government and top financial interests keep tabs on us?? Think again!

    BTW, my comment to which you replied (about SA or someone hacking my computer) has aparently disappered just now! It is no longer here!
    Jul 15, 2015. 09:18 PM | Likes Like |Link to Comment
  • Can High Yield Investment Portfolios Support Higher Income In Retirement? [View article]
    To the Author: My records fail to show ANY defaults in my stock holdings over the past seven (7) years (since 2008-9). Perhaps the ones you cite happened before I bought them. In any event, just because a company defaulted some years ago doesn't tell me a single thing about the future any more than "it rained last night so it must be going to rain again tonight".

    And yes, there have been a few dividend reductions in the last couple of years, but nothing serious. They are still paying MRHY quality dividends, even after whatever dividend reductions have occurred. Could please back up your article by providing a list of such defaults and/or dividend reductions and, in the latter case, the amounts before and after those reductions.

    Another point that you fail to mention except for playing the "death spiral" card is that I am almost 85 years old. I am obviously in a "death spiral" myself. Except for a few hundred thousand dollars to leave to each of my heirs, I don't much care what kin
    Jul 15, 2015. 08:02 PM | Likes Like |Link to Comment
  • BreitBurn Energy Partners - What, Exactly, Is The Market Pricing In? [View article]
    Yes, Eagle, all the way down to their necks! They certainly didn't use their heads in some of their investing so, obviously, they don't need them!
    Jul 15, 2015. 05:11 PM | Likes Like |Link to Comment
  • BreitBurn Energy Partners - What, Exactly, Is The Market Pricing In? [View article]
    So what do you suggest that I do with this CRAP that I got because of the merger with QRE? Hold it even with its quickly vanishing dividend of almost 12%, or dump it with a tremendous loss that is not even of my doing (:-{ ? I sure wish they would quit farting around with the price of oil and gas!!!!!!!!!!!!!!!!
    Jul 15, 2015. 11:26 AM | 5 Likes Like |Link to Comment
  • 50/50 Portfolio (BDCs And mREITs) High Yield 10%, H1 2015 Update [View article]
    IY, of course! But I certainly could make do for a very long time if all of those income streams were cut. How many can say that with conviction? We don't live in a vacuum and must accept whatever life brings. We can hope for the best, plan for the worst, and accept the actual!
    Jul 13, 2015. 11:12 PM | Likes Like |Link to Comment
  • 50/50 Portfolio (BDCs And mREITs) High Yield 10%, H1 2015 Update [View article]
    David, not to try to outdo your experiences, but my SS + dividends + interest are more than four (4) times what I ever made while working, and that would be the last few years before my early retirement at age 57. It certainly does kick-A$$ when compared to any other working years.

    I am strictly an Income Investor but will accept an occasional Capital Gain when serendipity produces one! So, yes, I definitely think that Income Investing is ABSOLUTELY the best thing I have ever done and I plan on doing it as long as I live, and expect my kids to do likewise after that.

    BTW, I am down about $70K since 4/1/15, but my income is actually up about 18K due to trading out some of my lower paying stocks for better paying ones. plus new buys at these give-away prices, using the current income that I don't need for life and leisure and fun and games! That is the main reason I am still fighting for the good life and longevity!
    Jul 13, 2015. 11:04 PM | Likes Like |Link to Comment
  • 50/50 Portfolio (BDCs And mREITs) High Yield 10%, H1 2015 Update [View article]
    royk01 - So you have lost money on BDC, REIT, and MLP stocks. Don't feel like the Lone Ranger. Nearly everyone has lost money on these high yield products!!!!! I've lost about $70K myself since 4/1/15 (:-{ !!!!! However, I, for one, DO NOT intend to sell out and take the permanent loss. I have faith in the US workers and capitalism, just as I had in 2008-9! These stocks WILL come back and those of us who bought and held them through this latest period of capital decline WILL prosper greatly (;-} . They have a lot more to like than to not like, especially dividends that simply are very difficult to find anywhere else, especially in bank CDs and mutual funds!
    Jul 13, 2015. 08:22 AM | 1 Like Like |Link to Comment
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