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mostserene1

mostserene1
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  • The Most Misleading Words In Investing: You Can't Go Broke Taking A Profit [View article]
    Very well said. But beyond the comprehension of 90% of investors.
    May 20 01:44 PM | 1 Like Like |Link to Comment
  • Apple's Magic Is Broken [View article]
    What Apple lacks is a leader who demands excellence and innovation above everything, including costs. Bean counters have taken over. I sold my aapl. Sadly.
    May 19 05:11 PM | 1 Like Like |Link to Comment
  • Why Would I Not Sell Dividend Stocks Even After A 1000% Gain? [View article]
    Yes. YES. Very well said Chowder (and Dave). People seem eager to sell off their cash cows. Good for them. I'm hanging on to mine.

    Look at it this way: you buy a house after the crash for $200,000, a real bargain. It is now worth $400,000. Do you rush to sell it because it doubled in value? You could, but you might just want to live there. A flipper would do it, as would a stock trader, but some of us who think long term do not feel the need to capture every "gain."
    May 19 05:02 PM | Likes Like |Link to Comment
  • Why Would I Not Sell Dividend Stocks Even After A 1000% Gain? [View article]
    Buy Tesla. It will give you some thrills. You are young, you can afford to speculate and lose money. Best to get it out of your system now.
    May 19 04:55 PM | 1 Like Like |Link to Comment
  • Why Would I Not Sell Dividend Stocks Even After A 1000% Gain? [View article]
    For excitement, get a lover. Or a motorcycle. For income, buy dividend stocks.
    May 19 04:48 PM | 4 Likes Like |Link to Comment
  • Don't Panic If Dividends Were Cut [View instapost]
    I agree with your thesis. I kept some companies that cut their dividends, and did very well by that. Having hard and fast rules is one reason I don't count myself as a DGI investor. I buy dividend stocks that meet my criteria, and rarely sell them. When I sell, it is based on my own analysis.
    May 17 11:44 AM | Likes Like |Link to Comment
  • Why Would I Not Sell Dividend Stocks Even After A 1000% Gain? [View article]
    Ajay, you are fractally wrong. You are wrong on many levels. If you had two friends: one gave you money every quarter, and that money stayed the same or increased. The other gave you nothing but told you how rich he was becoming. Which friend would you give more weight to?

    I'm populating my portfolio with friends like PM, MCD, JNJ, etc who pay me every quarter. No matter what they are worth, as long as they pay me, I'm keeping them as my friends.
    May 17 11:35 AM | 4 Likes Like |Link to Comment
  • What If Long-Term Dividend Investors Buy Before A Crash? [View article]
    Selling a non-dividend paying stock like Berkshire Hath to lock in gains is fine, I did it myself. Selling dividend producers does not coincide with my philosophy. But I don't care about total returns, only dividend flow.
    May 17 11:29 AM | 2 Likes Like |Link to Comment
  • What If Long-Term Dividend Investors Buy Before A Crash? [View article]
    Hilarious but true.
    May 17 11:22 AM | 2 Likes Like |Link to Comment
  • "The issue isn't if the Fed exits, it's a question of whether they exit way earlier than expected," American Capital (AGNC) CIO Gary Kain tells Bloomberg, feeling his portfolio is better positioned now than in Q1, when higher rates took a chunk out of book value. The Fed will be "extremely slow" in its withdrawal, says KBW's Mike Widner. "That spells an environment that actually gets better for the mREITs (MORT, REM) before it gets worse." [View news story]
    Buying opportunity.
    May 17 09:27 AM | 2 Likes Like |Link to Comment
  • What If Long-Term Dividend Investors Buy Before A Crash? [View article]
    Very nice analysis. I own most of those stocks, some since 87. Now I'm officially a geezer and have to restrict my buying to bargains: my horizon has shortened.

    A final note: A friend recommended I buy Phillip Morris in the early 90's. I waited a few years before doing so (late 90's). Still, it was best move in my entire investing career.
    May 16 04:15 PM | 11 Likes Like |Link to Comment
  • Replace American Capital After Dismal Earnings? What I'm Doing With The Stock Now [View article]
    Me too. Long AGNC and NLY.
    May 16 10:23 AM | 1 Like Like |Link to Comment
  • The mortgage REIT sector (MORT -1%) continues under pressure, today led by Western Asset Mortgage (WMC -7.6%) as its book value blew up in Q1 thanks to portfolio losses. American Capital Agency (AGNC -1.5%) - which started the downturn when it reported losses 2 weeks ago - nears a 52-week low, Armour Residential (ARR -3.1%) hits one. One trader suggests Capstead Mortgage (CMO -1.4%) with a portfolio of mostly reset ARMs the least affected by rising rates. CYS Investments (CYS -0.7%) - trading at a 10% discount to book and also owning ARMs - is attractive as well. [View news story]
    Panic! Sell mREITs now!*

    *So I can buy them cheaper (*_*)
    May 15 03:04 PM | 2 Likes Like |Link to Comment
  • The mortgage REIT sector (MORT -1%) continues under pressure, today led by Western Asset Mortgage (WMC -7.6%) as its book value blew up in Q1 thanks to portfolio losses. American Capital Agency (AGNC -1.5%) - which started the downturn when it reported losses 2 weeks ago - nears a 52-week low, Armour Residential (ARR -3.1%) hits one. One trader suggests Capstead Mortgage (CMO -1.4%) with a portfolio of mostly reset ARMs the least affected by rising rates. CYS Investments (CYS -0.7%) - trading at a 10% discount to book and also owning ARMs - is attractive as well. [View news story]
    Yes, its a buy. IMO. Because 2013 dividends are paid from 2012 earnings, at least the next two quarters are safe for the healthy dividend, so you are buying the dividend cheap. Every year or two mREITS plummet on some news or the other, then go back up. They survive.

    Long AGNC and NLY.
    May 15 03:02 PM | 2 Likes Like |Link to Comment
  • Forget About American Capital, Annaly Capital Is Still The Best Of Breed [View article]
    I'm long both stocks and have learned to ride out the ups and downs of face value. And I believe AGNC pays its 2013 dividends based on 2012 earnings, so the next two quarters of dividends should be safe.
    May 15 08:59 AM | Likes Like |Link to Comment
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