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Annaly Capital Management, Inc. Message Board

  • west_seth west_seth Jul 24, 2013 8:01 PM Flag

    I am L O N G

    I will either ride it to -0- or to ??? no longer care. Not going to sell at a huge loss right now. Will keep it for as long as I have to even if it tanks.

    Screw Cramer.

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    • That's sorta my view on the reit preferreds I hold (NRF-C at 8.7% yield, NRF-D, RSO-B, etc)...They say as rates rise, these instruments fall in price - but that just pushes up their yields even more...And I have no plans on trading them, churning them or selling them....I just hold em' for the fixed amount cash flows & REINVEST the dividends, within my IRA...I think having them within an IRA is the key - tax deferred, compounding the dividends, increasing the cash flows. I'll take 8.7% tax deferred within an IRA over some stinkin' "Benny depressed" 10-yr at 2.6% any darned day.

    • If you want to invest in a dividend stock that is down. Nly is a good bet. Just collect the dividends. Nly should regain sp.

      Sentiment: Hold

    • I'm long many tens of thousands of shares. I'm not happy, but in time expect NLY to rise in price in the meantime there are the nice distributions.

      Sentiment: Strong Buy

    • i agree another point down at most so what. it will come back the fundamentals of the company have not changed. if interest rates did not go up we would be 16.50 at least. just hold on. even if it takes a year. what are you going to do? buy something else with the money and maybe lose on that one also? put it under the mattress. You lose there also. Hold on longs we will be back just like always.

    • This one is definitely an education. There are two choices, sell for the loss or hold till the dividends eliminate the loss. At that point you can sell and use the paper loss against a gain and save the tax dollars.

 
NLY
9.77+0.14(+1.45%)Jul 28 4:01 PMEDT