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  • WhatsApp launches prepaid service; Facebook's Indian users top 100M  [View news story]
    I think most of the comments miss the opportunity that is being presented to 'whatsapp'. SMS is still free but when you add all the additional services on a SIM that may be a better deal than the competition you have something. Indians are not dumb. In fact they are outstanding engineers and doctors. They excel in most scientific and high tech areas. So that being said why would one think that 'whatsapp' India failed to do the due diligence before offering the program. I for one will continue to add FB to my portfolio. Thus far I have done very well understanding that Zuckerburg is a very smart fellow.
    Apr 8, 2014. 05:42 PM | 3 Likes Like |Link to Comment
  • Jim Cramer Is Just Plain Wrong About Annaly  [View article]
    I keep hearing soooo many of you as called annalists/experts praising and blustering about the value of MREITS as they continue to fall into this deep dark hole. It would be refreshing to hear one say something like 'if you are out stay out for a while. If you are still in you have my sympathies. You should have ran by the time you gave back 10%.
    Oct 6, 2013. 03:48 AM | 5 Likes Like |Link to Comment
  • Renewed selling hits mREITs (MORT -1.2%) as Treasury yields turn decidedly higher, TLT -0.8%. Getting the worst of it today is Ellington Financial (EFC -3.3%) - a partnership, not a REIT; it's more trading shop, but still leveraged to credit and interest rates. It's recently IPOd mortgage REIT counterpart EARN -1.1%. Also notably lower is CYS Investments (CYS -2.6%), American Capital (AGNC -1.8%), (MTGE -1.5%), Annaly (NLY -1.3%), and Armour Residentail (ARR -1.3%).  [View news story]
    If you are in for the long haul then this is a fire sale. Once to QE jitters slow down things will settle and the Market Makers etc will jump in fast. Waiting for the bottom is not always the best idea. So now would be a good time to get in on the sale. Once this turns you will find yourself chasing the bid faster then you can push the button. AGNC, MTGE are still paying a great dividend. If they trim off a bit over the next 3 weeks it is still a great dividend.
    May 31, 2013. 04:10 PM | 2 Likes Like |Link to Comment
  • Relief For Annaly Capital  [View article]
    That all sounds good, but as long as the per-share price continues to drop faster then the dividend rate we will continue to suffer losses. If this continues much longer the facts on the ground will prove your optimistic analysis to be way off the mark. I for one have started to re-position this part of my portfolio to more stable dividend producing investments.
    Dec 26, 2012. 11:15 AM | 7 Likes Like |Link to Comment
  • Armour Residential REIT (ARR) declares $0.08/share monthly dividend, 11.1% decrease from prior dividend of $0.09. Forward yield 14.5%. Shares +0.9% AH. (PR[View news story]
    We are all in the same boat with ARR, MTGE, AGNC etc. Since you mentioned Closed Ends Funds here are 3 very sustainable. DNP currently down a bit @ 9.31 with lots of upside. It pays a monthly dividend of .06 cents a share. I believe it will return to around 12 in the next few months. DUC is around 12.19 with a .07 cent monthly dividend and maybe a bit of upside but great stability. The third is FAM at 17.58 with around 9% monthly return. All three of these have been great dividend hogs with stability. Granted there is not growth but as ARR and others decrease the return rates and the price slides due to the return DUC, DNP and FAM start looking very good during this period of instability. All have returned good dividend over the years.
    Dec 18, 2012. 03:01 AM | Likes Like |Link to Comment
  • Annaly Will Continue To Deliver Strong Returns Despite Near-Term Challenges  [View article]
    Actually Mitt can ask Ben to resign. Otherwise he can make his like in the FED a bit uncomfortable.
    Nov 6, 2012. 02:16 AM | Likes Like |Link to Comment
  • American Capital Agency (AGNC) falls 4.2% premarket as the stock goes ex-dividend today. The $1.54 decline thus far is quite a bit bigger than the $1.25 dividend. Secondary offering on the way?  [View news story]
    Funny AGNC and MTGE both took a big hit today. I would say no big deal, just a sale day on both of these family members. MTGE although a newer kid on the block has been very strong. It is following it's big brother and will in time catch up. This makes it a really good deal today. Both have been strong and paying better then almost any others in the neighborhood. I don't think this will change any time soon. So it may be a great day to double down and ride then up.
    IMHO most analyst's are just filling paper to make a living. If they were really so smart they would not have to work at a keyboard to make a living.
    Sep 19, 2012. 02:50 PM | Likes Like |Link to Comment
  • In The Wake Of Annaly's Downgrade, It's Time To Consider Alternative Options  [View article]
    One has to question the advise of a person who suggests a CIM over so many really stable and growing REIT's. Just to mention a few, MTGE, CYS, CMO and many more that are showing a nice dividend and a very healthy total return. Sometimes one has to wonder what an analysts is think when they make a recommendation such as this.
    Sep 18, 2012. 03:58 PM | Likes Like |Link to Comment
  • Annaly: A Strong Income Stock  [View article]
    The more I see article's praising NLY the lower the share price goes. It's been a long while since NLY has been in the $15's except for the October dip. One would think that with all the hoopla being raised this would be going up a lot faster then it seem to be coming down. It is as if some actually want NLY to go down a bunch. Just my thoughts; when a stock gets too much praise it always seems to drop a bunch...
    Mar 28, 2012. 09:59 AM | 1 Like Like |Link to Comment
  • Time to Sell Out of Mortgage REITs  [View article]
    I believe that this is no the time to enter the fire sale. Real Estate is still a good place to be compared to the rest of the market. When you are looking for long term dividends this market will support REIT's. Look at today's bounce back for proof that panic is not a place you want to be. Over the next year things will change on the political seen. These changes will only help to support the Real Estate markets. People will continue to make babies, and the population will grow. They will need more office space, factory space, and start to eat up the excess inventory that is currently available. It will take a little time, but those who wait will earn the rewards. As Cramer has said 'pigs get slaughtered'. Don't be piggy and you will be rewarded. In this market trading is a bit piggy, investing is long tern and wise.
    Aug 9, 2011. 11:54 AM | Likes Like |Link to Comment
  • My Ideal Dividend Portfolio: Mostly REITs Coupled With High-Yielding Blue Chip Stocks  [View article]
    In all these conversations a few details have been left out. The earnings on REIT today will continue till the Real Estate markets make a radical move. This will not happen for a long time to come in our current environment. So receiving 14+ % or 19+ % is sure better then 2.78%. Growth is not something that will happen anytime soon. Once a new Administration is in place and the economy starts to grow again one is free to make the adjustments to ones portfolio that reality on the ground dictates. We all make these adjustment to our investment goals over time. I am retired and do focus on income over growth. When you do the real numbers high yielding REIT's are a good place to be for now. For one to benefit from growth in read dollars one must sell. So I believe that a high income portfolio is far superior to a growth position for the current economy.
    Aug 5, 2011. 04:47 AM | 2 Likes Like |Link to Comment