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  • Omega Healthcare Investors: Sensitivity To Rising Interest Rates Compared To Other Healthcare REITs [View article]
    rich,

    You transposed letters. Yahoo uses ^TNX. BigCharts uses TNX. Anyway, thanks.

    A long term study comparing TNX to O, OHI, and VNQ, starting 1/4/09, does not appear to show any consistency between the 10 year rate and its direction on one hand, and market pricing trends for those REITs on the other hand. For example, the 10 year rate in early Oct 2010 was very close to what it is now, yet all of the REITs are substantially higher. The 10 year rate hit bottom in July 2012 and its trend has been net up since then, yet all of the REITs are up substantially since then as well.

    The chart: http://on.mktw.net/1qO...

    I think we all see patterns that are not really there, just as we fail to see patterns that are there. It is just part of being human, and in this case, it is what makes a market.
    Sep 12 05:35 PM | Likes Like |Link to Comment
  • Omega Healthcare Investors: Sensitivity To Rising Interest Rates Compared To Other Healthcare REITs [View article]
    rich,

    What is the symbol for the 10 year rate?
    Sep 12 04:31 PM | Likes Like |Link to Comment
  • A High Yield Portfolio Using UBS 2x ETN's -Introduction Of The YMBC Portfolio [View instapost]
    Index performance update for AMZI vs MLPL.

    MLPL started trading on 7/10/10. The latest daily quote for AMZI from the Alerian web site is 9/5/14. Comparing performance in that date range using closing prices:

    Symbol | 7/10/10 | 9/5/14 | % change
    AMZI | 508.92 | 884.92 | +73.88%
    MLPL | 26.02 | 73.85 | +183.82%

    MLPL is still comfortably more than 2x AMZI.
    Sep 12 02:14 PM | Likes Like |Link to Comment
  • Look At These Juicy Yields - Are They Really Appropriate For Your Retirement Portfolios? [View article]
    Rick CO,

    A Roth IRA provides a tax advantage. All MLPs are tax advantaged. If you own an MLP in an IRA, as opposed to owning it in a regular account, you are not getting the tax advantage of the MLP.

    It makes much more sense to own something in your Roth IRA that does not have a tax advantage if owned in a regular account, such as a REIT or a BDC or a bond.

    It makes much more sense to own an MLP in your regular account, where you will get its built-in tax advantage. Likewise, it also makes much more sense to own a dividend-paying C corp in your regular account, since the dividend is qualified (i.e. tax advantaged).
    Sep 11 10:58 PM | 2 Likes Like |Link to Comment
  • Look At These Juicy Yields - Are They Really Appropriate For Your Retirement Portfolios? [View article]
    Miguel,

    To learn BDC basics I suggest these links:

    http://bit.ly/UGU0Yb
    http://bit.ly/UUqAHB

    After you feel comfortable with this information, look to BDC Buzz for research on specific BDCs. His work is excellent. Wells Fargo also has excellent BDC research, but you need a brokerage account to get it.
    Sep 11 10:39 PM | 2 Likes Like |Link to Comment
  • Addendum To: Look At These Juicy Yields - Are They Really Appropriate For Your Retirement Portfolios? [View instapost]
    The disparity among the BDCs simply demonstrates how important it is to do your own due diligence before investing.

    I have tried using FAST Graphs in the past to evaluate BDCs, but I used FFO valuation, which on BDCs looks terrible. I apparently (great memory) never tried operating earnings. Chuck, thanks for bringing this obvious difference to my attention.
    Sep 11 12:10 PM | Likes Like |Link to Comment
  • Ares Capital: Is It A Buy? [View article]
    Ex-dividend price adjustment. Add the $0.38 dividend to the price and it is actually up (as I write).
    Sep 11 11:43 AM | 1 Like Like |Link to Comment
  • Look At These Juicy Yields - Are They Really Appropriate For Your Retirement Portfolios? [View article]
    This disparity has been know for many years, yet many investors have chosen KMP over KMR. I have never understood why. If one does only a modest amount of due diligence on Kinder, the choice becomes obvious.
    Sep 11 11:24 AM | 1 Like Like |Link to Comment
  • Building An Income Portfolio With Closed-End Funds. Part 2: MLPs [View article]
    I am waiting (hoping really) for the MLPs to take a breather so I can buy more MLPL.
    Sep 11 11:09 AM | Likes Like |Link to Comment
  • BDC Risk Profiles: An Introduction [View article]
    NV_GARY,

    Right you are. Those are passthru qualified dividends.
    Sep 10 09:34 PM | Likes Like |Link to Comment
  • Look At These Juicy Yields - Are They Really Appropriate For Your Retirement Portfolios? [View article]
    The Kinder story is changing, but it is interesting to see that KMR has had greater total return (with reinvestment) than KMP.

    The choice of AINV as a representative BDC was unfortunate. Compare AINV to MAIN if you have FAST Graphs. Big difference.
    Sep 10 09:27 PM | 3 Likes Like |Link to Comment
  • Dividend Growth Alchemy For The Active Retired Investor [View article]
    George,

    I use a hybrid strategy. I DRiP my C corps and eREITs and accumulate from everything else, =hoping= (emphasis) that Mr Market will present me with undervalued opportunities that I want. Mr Market rarely cooperates, and therein lies the problem.

    I'll give you and example. The best stock of the last half century and more is Altria (MO). I like MO a lot and have a substantial position. I do not necessarily want to increase my position other than with DRiP, as I have other companies I want to buy. However, my buy criteria are hard to meet, and so I am open to buying more MO. In the last 2 years there have been exactly 3 golden buying opportunities (Oct 2012, Aug 2013, Feb 2014). I finally gave in and bought in early February 2014. That buy is now up 27% not including dividends.

    The reason for providing this detail is not to brag (ha! if only you knew), but rather to demonstrate that it can be difficult to deploy accumulated dividends as you would prefer. Mr Market cares not what you want.

    I find that keeping an open mind about what I want and how to get it is a great help, long term.
    Sep 9 08:55 PM | Likes Like |Link to Comment
  • Realty Income Appears Undervalued [View article]
    My crystal ball is cloudy, so I have no idea if your prediction will come to pass. For this reason, I continue to DRiP (O). If the share price really does drop by $4, I will get 9% more shares. Sounds like a good deal to me.
    Sep 9 06:04 PM | 4 Likes Like |Link to Comment
  • Realty Income Appears Undervalued [View article]
    JkJk88,

    SA Menu: Latest Articles=>Dividends and Income=>REITs
    Sep 9 12:25 PM | 1 Like Like |Link to Comment
  • Omega Healthcare Investors: Sensitivity To Rising Interest Rates Compared To Other Healthcare REITs [View article]
    As jerrykl noted, OHI is highly dependent on Medicare. The last time Medicare made a major change to reimbursements, OHI had to stop paying its dividend (2001). This is why, although I like OHI, I also do not let it become a significant part of my portfolio.
    Sep 9 11:29 AM | Likes Like |Link to Comment
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