Not sure from reading the posts if I am in the right AGNC board or an alternate universe...
I have a good sized stake in AGNC but only because of the discount to BV. I first started off with a minimum 10% discount but as it went down recently I am thinking 15% is a good number. Do any of you have a discount required to purchase or reinvest dividends? I've scratched my head wondering how those that bought above BV expected things to turn out well.
Related to this, if you like the idea of mREITs but hold off when the discount is low what do you do with the dividends? Cash or something else? E.g. I could be smart waiting 6 months for the discount to widen 2% more but miss 6% in dividends. Looking for thoughts on what best to do with all the great dividends over time. Especially as I personally am not one for timing things well. I've thought of putting some of the dividends into bank/ insurance stock as a hedge but those could be range bound for many years with little to show for it.
Chumps March 6 post__"I am now up $5 and it will soar from here. TBT is surest thing out there"
This follows the he/she(s) post claiming TBT is a no risk investment.
TBT HI 47.16
March 18 Hi 43.40
Hey Chumps wld u like mmichaelr 2 instruct u on how 2 read/calculate the 'Financial Futures' markets contracts for "Fed Funds, 2 yr, 5yr, 10yr, 20yr and 30yr over the yield curve duration. In other words after U being on the wrong side of the yield curve trade for THREE YEARS and recording losses U might learn the indications to direct ur trade instead of 'Harry Dent' type idiot projections.
The play now is in financial futures positioning btwn US instruments, EU issues, Bundesbank and Japan(s) issues.
It was misinterpreted by the financial media as being dovish, it wasn't it was very convex. Hence, do the opposite of what the bull market pigeons are doing, I would do a convex short in the next few days, this rally smells really bad. Oil is going from bad to worse, supplies at 80 year high.
yeah well hyundai elantras cost money cant keep it all locked up in stocks can we
Sentiment: Strong Buy
Don't mess with Klumpy, he has earned the title of jedi knight and the force is strong within him.
“A Jedi must have the deepest commitment, the most serious mind. This one a long time have I watched. All his life has he looked away… to the future, to the horizon. Never his mind on where he was. Hmm? What he was doing. Hmph. Adventure. Heh. Excitement. Heh. A Jedi craves not these things.” Yoda (Klumpy's mentor)
I am higher than an EA or CPA, I am an independent unenrolled Ombudsman who draws his power from the Constitution and TIBOR 1 and 2. I am an independent Super Hero, free of charge of course.
I am an independent voice for the taxpayer and I play an important role and am essential for the protection of your taxpayer rights and technically all your rights as covered under the Constitution of this country. I am an ombudsman, totally free and independent, I draw my powers from TIBOR I and TIBOR 2 and the Constitution of the United States, I am totally independent. I have much higher authority, than EA's and CPA's.
Sounds like you have been a victim of poor tax work. It seems I hit a nerve with this topic. But like a good dentist, I will give you some more Klumpcane to ease the pain. I am a IRS resolution and reconciliation expert if you need help it is free.