REITs ? Anyone invested in them.

Quote from rrc06 : As long as you don't mind the risk of investing in a company that buys "non-agency" mortgages. NLY sticks to agency paper (safer, more conservative, backed by the government etc.). Just look at the long-term charts if you don't get what I am saying.

I know what you are saying. CIM got pounded over the last 2 years as the assets classes were not guaranteed by U.S. Governement. There are a few others that are better, similar to Annaly - - - Take a look at Hatteras (over 12% yield), MFA Financial, Anworth, Redwood Trust. Interesting sector if you do a little legwork / research.

I was looking at REITs and just read this article: http://seekingalpha.com/article/1...de-listing

I don't hold any position on REITs, but was curious about the implications for any holder out there? (I've learning about REITs)

Saw that also - - - - implications are stock price will go down. Should avoid that company, especially those that are looking for stable companies paying dividends. Just my opinion . . . . .

Here's the list of REIT's I'm following. No positions yet.

NLY, O, GOV, HCN, GGP, and SIR.

TWO and O. Things are getting a little silly. Might want to scale out and reinvest when reality resumes. That said, there's nothing holding them down, so buy, buy, buy!?

NLY is trying to climb out of it's rut. One more el-slamo and I'd like to pick some up.

Quote from barnz008 : TWO and O. Things are getting a little silly. Might want to scale out and reinvest when reality resumes. That said, there's nothing holding them down, so buy, buy, buy!? NLY is trying to climb out of it's rut. One more el-slamo and I'd like to pick some up.

O is a long-term hold for me. I am DRIPping it. I am very happy about my purchase at 37 now The dividend increase recently is probably helping things out. I added to NLY in the high 13s to bring my cost-basis down near current market value.... I think with the improving MBS market, it might be turning the corner here. The only thing standing in its way is Helicopter Ben

MLPs have been on fire lately too ever since the fiscal cliff selloff in late december. 2 of my favorites, EPD and APU, are up nearly 20% since their december lows. EPD is a nice long-term play on the oil/nat gas boom in this country as they own the largest pipeline network around.

Quote from barnz008 : TWO and O. Things are getting a little silly. Might want to scale out and reinvest when reality resumes. That said, there's nothing holding them down, so buy, buy, buy!? NLY is trying to climb out of it's rut. One more el-slamo and I'd like to pick some up.

Dipping today on secondary offering. It's generally good to sell stock when your share price is high and buy it back when it's low. Good management.

Quote from rrc06 : Dipping today on secondary offering. It's generally good to sell stock when your share price is high and buy it back when it's low. Good management.

It's just way too hot. Nothing goes straight up like that and can be maintained, secondary offering or not. Looking at the $43 level and then $36 to get back to "normal."

But I 100% agree with you on your comment and using the "DRIP" strategy is great. I'm interested in when you take profits, how much to roll, etc and how many vehicles you're doing this with.

Quote from barnz008 : It's just way too hot. Nothing goes straight up like that and can be maintained, secondary offering or not. Looking at the $43 level and then $36 to get back to "normal." But I 100% agree with you on your comment and using the "DRIP" strategy is great. I'm interested in when you take profits, how much to roll, etc and how many vehicles you're doing this with.

With my long-term DRIPs, I generally just set and forget, but add when the adding is good (I recently added to DIS, YUM, MCD near their lows). In some cases where I think the stock is overvalued significantly (or I just don't need/want any more shares), I take the cash and put it elsewhere (doing that with BP now ---- it's pretty cheap on most metrics but can definitely go back into the 30s quickly).

Quote from rrc06 : With my long-term DRIPs, I generally just set and forget, but add when the adding is good (I recently added to DIS, YUM, MCD near their lows). In some cases where I think the stock is overvalued significantly (or I just don't need/want any more shares), I take the cash and put it elsewhere (doing that with BP now ---- it's pretty cheap on most metrics but can definitely go back into the 30s quickly).

I get the common stock application, I was asking specifically about REIT vehicles because they don't trade like stocks within the same reinvestment regards. Do you target price or dividend or weight of the overall allocation? Know what I mean?

Quote from barnz008 : Do you target price or dividend or weight of the overall allocation? Know what I mean?

Honestly hadn't given it that much thought. This is actually my first property REIT. The long-term chart seems pretty much steady growth with an increasing dividend through thick and thin. My plan was to set and forget (and add on big dips).

Dont forget to put your trailing stop or stop orders in for O, dont lose that profit...

Quote from discostu58 : Dont forget to put your trailing stop or stop orders in for O, dont lose that profit...

A stop-loss order can be a suckers bet. Just ask the people who ended up selling out on O at 37.5 during the mid-november selloff only to watch it immediately start to rebound, culminating into new highs this past month.

Quote from rrc06 : A stop-loss order can be a suckers bet. Just ask the people who ended up selling out on O at 37.5 during the mid-november selloff only to watch it immediately start to rebound, culminating into new highs this past month.

It's better to be out of a trade wishing you were in than in a trade wishing you were out.

And far more marriages to trades are made at tops (emotional highs/greed) than at lows. If your plan is set before you pull the trigger and enter, then damage is kept to a very minimum. You will destroy yourself well before the market can.

Nothing wrong with using a stop. But just realize that these REITs love to run the stops and recover within the same day (look at all the long tails on the candles on many of them). I personally wouldn't just buy and forget about it, but as long as you've done your homework and know how these things trade, you'll be in good shape.