Realty Income Is Simply A Great REIT And Nowhere Close To A Bubble [View article]
Wasn't it another hedge fund run by Ackman that said the same about Realty Income in 2008/09 and ran it down to 17 or so while selling it short? Hedge funds have trained the S&P this year and several have recently closed.
Realty Income Is Simply A Great REIT And Nowhere Close To A Bubble [View article]
I was trying to point out that it wasn't simply selling more stock with no increase in value. A smaller percentage of a larger pie as in 5% of 200 is the same as 10% of 100.
Realty Income Is Simply A Great REIT And Nowhere Close To A Bubble [View article]
ARCT was essentially bought for shares. Not really dilution since the total assets increased so stockholders have a smaller percentage of a larger organization.
Realty Income Is Simply A Great REIT And Nowhere Close To A Bubble [View article]
Charles, during that period O acquired ARCT in a stock exchange. I don't recall the exact details on the number of shares but it brought in a lot of high quality tenants.
Realty Income Is Simply A Great REIT And Nowhere Close To A Bubble [View article]
was that part of the "flash crash" that NYSE wiped off the charts but kept the trades? That alone is a good reason to not use sell limits that could wipe out a lot of capital quickly. If you got it for $14.25 and it is back up to 22+, then you did very well.
I will trade my Barlow pocket knife and my best shooter marble for your STAG.....
Raising A Yellow Flag Over REIT Valuation [View article]
Adam, remember that the word "professional" simply implies that you are paid for what you do, not that you are any good at it. "Amateur" is one who does something for the love of it (the "ama" comes from the Latin verb "amare" which means "to love") and makes no reference to the quality of the work.
Likewise an "expert" deconstructs to "ex" which is a has-been and "spurt" which is a little drip under pressure. We use this definition in the computer field quite a bit.
Raising A Yellow Flag Over REIT Valuation [View article]
Adam, I own several REITs. With O I have over 100% increase over purchase price and OHI is almost doubled. In reading WSJ, Bloomberg, Barron's, and others I see forecasts ranging from the market going up for another 2 years to advice to buy gold, food and guns and hunker down in your safe room. The truth probably lies somewhere between.
With the possibility of retiring within 45 days and having built a good dividend income stream, I am loathe to sell, pay taxes and wait for a better buying opportunity. Even when the price declines, I will still have my income.
An article in the current Barron's by Jim Paulsen at Wells Capital suggests now may be the time to sell dividend stocks and move into other investments. I am not a market timer. I think I will sit tight with what I hold.
8.7% Dividend Payer Linn Energy Was Dissed At Ira Sohn - Is There Reason To Worry? [View article]
Bruce, you use the words "long term" a couple of times. What do you define as long term? To a person in their 80s, long term may mean 10 years, to a new college grad it may mean 70 years.
Picking An All-Star REIT Team To Defend Against Interest Rate Risk [View article]
I think it is fear because of Rackspace (RAX). They are in 2 different fields. RAX is a service provider competing with Amazon and Google. DLR rents empty space for customers to place their computing equipment with the customers managing the hardware and software. DLR provides the infrastructure, not hosting services. I am surprised at how many data centers are located in high rent areas without adequate protection. One company I visited for a week had their data center in their headquarters in an urban center. The exterior walls were glass. A system admin joked the venetian blinds were there to protect the systems in the event a tornado took out the glass windows. I also have seen data centers in Manhattan. Data centers can be located in better protected areas with low cost of land. That is where DLR can shine. DLR looks like a buy.
Picking An All-Star REIT Team To Defend Against Interest Rate Risk [View article]
I bought O the first time when Bill Ackman was making a big presentation on why O was overpriced at $17.(Google Ackman Realty Income) He was shorting it. Mr Ackman lost his shorts on that trade. I also bought it in the summer of 2009. The current price gives me a 135% increase over purchase price. I could sell and get 31.48/share profit. But then I have to pay capital gains, Virginia state income tax, possibly it would push me into the Obamacare tax bracket. If that isn't bad enough, I would have to try to find a quality replacement. I am looking for income to fund my retirement and I expect to need income for 25 to 30 years. If O dropped 50% and I still haven't lost money. I bought O on the recommendation of Josh Peters, editor of M*'s Dividend Investor newsletter. M* current fair value is $39 and Josh's buy price for dividends is $38.70. My current YOC is 9.3%. I am happy with that. Keep in mind that bulls make money, bears make money and pigs get slaughtered. I hope to pass O to my children, they should be retired by the time I check out.
Picking An All-Star REIT Team To Defend Against Interest Rate Risk [View article]
Brad, I felt the same way. I have been riding O since 2009 and plan to stay in the saddle on this one. Also long WPC, HTA, NNN, HCN, HCP, DLR. I like the steady income for retirement.
Optimizing Triple Net Lease REIT Investment: Time To Sell Realty Income [View article]
gCharlie, I understand that, it still bothers me to see GOOD with a much higher debt to equity ration than others, not just O. Even if O drops 50%, I still have a profit. Being ready to enter retirement, I am not willing to gamble on small firms like GOOD that I consider, whether others do or not, to have too much debt. Excessive debt gave us the 2008 crisis. I have no debt and prefer business that keep a lid on theirs.
Realty Income Is Simply A Great REIT And Nowhere Close To A Bubble [View article]
Realty Income Is Simply A Great REIT And Nowhere Close To A Bubble [View article]
Realty Income Is Simply A Great REIT And Nowhere Close To A Bubble [View article]
Realty Income Is Simply A Great REIT And Nowhere Close To A Bubble [View article]
Raising A Yellow Flag Over REIT Valuation [View article]
Realty Income Is Simply A Great REIT And Nowhere Close To A Bubble [View article]
I will trade my Barlow pocket knife and my best shooter marble for your STAG.....
Realty Income Is Simply A Great REIT And Nowhere Close To A Bubble [View article]
Raising A Yellow Flag Over REIT Valuation [View article]
Likewise an "expert" deconstructs to "ex" which is a has-been and "spurt" which is a little drip under pressure. We use this definition in the computer field quite a bit.
Raising A Yellow Flag Over REIT Valuation [View article]
With the possibility of retiring within 45 days and having built a good dividend income stream, I am loathe to sell, pay taxes and wait for a better buying opportunity. Even when the price declines, I will still have my income.
An article in the current Barron's by Jim Paulsen at Wells Capital suggests now may be the time to sell dividend stocks and move into other investments. I am not a market timer. I think I will sit tight with what I hold.
8.7% Dividend Payer Linn Energy Was Dissed At Ira Sohn - Is There Reason To Worry? [View article]
Picking An All-Star REIT Team To Defend Against Interest Rate Risk [View article]
Picking An All-Star REIT Team To Defend Against Interest Rate Risk [View article]
Picking An All-Star REIT Team To Defend Against Interest Rate Risk [View article]
Optimizing Triple Net Lease REIT Investment: Time To Sell Realty Income [View article]
Optimizing Triple Net Lease REIT Investment: Time To Sell Realty Income [View article]