Seeking Alpha

Be Here Now

Be Here Now
Send Message
View as an RSS Feed
View Be Here Now's Comments BY TICKER:
Latest  |  Highest rated
  • My High Dividend Yield Retirement Portfolio Delivers 8.8% Of Income For This Retiree [View article]
    Dividends#1,

    I concur in your opinion. See this discussion thread: http://seekingalpha.co...
    Sep 4 11:46 AM | 1 Like Like |Link to Comment
  • My High Dividend Yield Retirement Portfolio Delivers 8.8% Of Income For This Retiree [View article]
    The dividend of GABUX is nowhere near what you are quoting. Look at this discussion thread to understand how poorly GABUX performs: http://seekingalpha.co...
    Sep 4 11:44 AM | Likes Like |Link to Comment
  • The Pathway To Creating Wealth With REIT Diversification [View article]
    Robert,

    Try this article. http://bit.ly/xYJZtH
    Sep 1 10:06 AM | Likes Like |Link to Comment
  • The Pathway To Creating Wealth With REIT Diversification [View article]
    Steve,

    That's right. Since Fanny and Freddy are backstopped by the Treasury, ultimately the Treasury took the hit. But then the Fed bought a lot of Treasury paper, the Treasury paid interest to the Fed, and the Fed turned around and paid its profits - all that interest - to the Treasury. And still does.

    What I find really interesting about the agency mREIT business is that, even though they make their profits on the spread between short and long rates, when the slope of the yield curve went negative in 2006, (NYSE:NLY) continued to make a profit and pay a dividend. I don't know how they did it, because among other things they used more leverage then than they do now.
    Sep 1 01:13 AM | Likes Like |Link to Comment
  • Why I Will Start Social Security At Age 62 [View article]
    chowder,

    I receive SS benefits, and this is the formula that TurboTax uses to calculate the amount of income subject to SS taxation:

    adjusted gross income [AGI] + nontaxable interest + (.5 x SS benefits)

    Hopefully you will see this amidst the thousands of comments in this stream.
    Sep 1 12:51 AM | 2 Likes Like |Link to Comment
  • The Pathway To Creating Wealth With REIT Diversification [View article]
    Robert,

    I can tell from your comment that you did not major in Economics. It has been so long since I took the courses that I don't remember much, but I do know that PendragonY is correct. Here is a link with a short history of how bad it used to be before the creation of the Fed. http://bit.ly/W1hXQn

    I would not want to live in a modern world that did not have the Fed.
    Aug 31 07:42 PM | 2 Likes Like |Link to Comment
  • The Pathway To Creating Wealth With REIT Diversification [View article]
    Steve,

    During the credit crisis, those mREITs that invested in agency paper did fine. (NASDAQ:AGNC), (NYSE:CMO), and (NYSE:NLY) increased their dividends.

    The mREITs that did not invest in agency paper went under.

    The difference is that there is no credit risk in agency paper. The non-agency mREITs got margin calls on their short term funding because their sub-prime mortgage paper plunged in value due to the risk of default. Those margin calls drove them out of business. The agency mRETIs did not get margin calls because there was and is no default risk in their investments.

    Market prices of the agency mREITS took a beating at that time, but only because the vast majority of shareholders did not understand the mREIT business model. The result was serious under valuation for those who bought.
    Aug 31 07:35 PM | Likes Like |Link to Comment
  • The Pathway To Creating Wealth With REIT Diversification [View article]
    jenksjr,

    Your broker is mistaken about MAIN and TCAP.

    The 2013 10-K filing for MAIN says:

    >These dividends attributable to fiscal year 2013 were comprised of ordinary income of $1.872 per share, long term capital gain of $0.346 per share, and qualified dividend income of $0.457 per share, and included dividends with a record date during fiscal year 2013, including the dividend declared and accrued as of December 31, 2013 and paid on January 15, 2014, pursuant to the Code.<

    MAIN 2013 10-K: http://1.usa.gov/1rtM7oC

    The 2013 10-K for TCAP says that the 2013 dividend was $2.14 ordinary income and $0.02 long term capital gain.

    TCAP 2013 10-K: http://1.usa.gov/1rxsBJM

    I suggest you become familiar with the EDGAR web site and the information in 10-K and 10-Q filings. These are the authoritative information sources for all domestic US companies. http://1.usa.gov/WiR8CG
    Aug 30 08:47 PM | Likes Like |Link to Comment
  • Can You Live Off Of Dividend Growth Income In Retirement? [View article]
    $10,000 per year out of pocket is a lot more than I pay - $1259 per year in Medicare premiums.
    Aug 30 11:24 AM | Likes Like |Link to Comment
  • Can A Successful Dividend Portfolio Be Assembled In 2014? Part 1 [View article]
    When you do a conversion from a traditional IRA to a Roth IRA, beware of RMDs. If you take an RMD, that amount cannot be converted. You can only convert the amount in excess of the RMD. See IRS publication 590 for details. http://1.usa.gov/1n3TWzN
    Aug 29 11:59 AM | 2 Likes Like |Link to Comment
  • Can A Successful Dividend Portfolio Be Assembled In 2014? Part 1 [View article]
    Every time Miz raves about VGR, I check it on FAST Graphs, and every time it looks terrible. VGR consistently pays more in dividends than it earns in FCF. Not for me!
    Aug 28 06:13 PM | 1 Like Like |Link to Comment
  • Can A Successful Dividend Portfolio Be Assembled In 2014? Part 1 [View article]
    Paul,

    Thanks, more good ideas. There are a lot of moving parts when it comes to taking an RMD. On the plus side, all of this keeps my brain active.
    Aug 28 04:56 PM | 1 Like Like |Link to Comment
  • Can A Successful Dividend Portfolio Be Assembled In 2014? Part 1 [View article]
    NV_GARY,

    Thanks for those ideas. I plan to use some combination of transfer in kind if there is not enough cash on hand. However, I had not thought of using the poorest performer. I'll have to think about how I would make that evaluation.
    Aug 28 02:57 PM | Likes Like |Link to Comment
  • Can A Successful Dividend Portfolio Be Assembled In 2014? Part 1 [View article]
    For anyone who is interested in how I use Morningstar spreadsheets to calculate my weighted average dividend growth rate, this can get complicated to initially set up, so I am willing to explain the procedure via email. Let me know via Seeking Alpha IM.

    I have never tried to use my SA blog. That might be better, but I admit to not knowing how to do it.
    Aug 28 02:50 PM | 1 Like Like |Link to Comment
  • Prospect Capital: What Comes Next? Part 4 [View article]
    High Yield Drip,

    Like a hawk. I mostly use RSI and MACD. When they both scream 'buy', I buy. In the case of HTGC, RSI and MACD are not saying anything, but they don't rule my life.

    This is all for buying. I don't have anything for selling, since I am a long term investor. I am probably as bad at selling as anyone.
    Aug 28 11:21 AM | Likes Like |Link to Comment
COMMENTS STATS
3,893 Comments
4,878 Likes