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ARMOUR Residential REIT, Inc. Message Board

  • mytek3806 mytek3806 Apr 17, 2013 3:52 AM Flag

    IS ARR SAFE FOR MY GRANDMOTHER?

     

    My grandmother asked me to find a higher dividend than the lousy 1% she is getting on a 1 year CD. I invest on higher beta stocks like NFLX,CRM,PCLN,LNKD,GOOG etc., and really have very little expertise in these kind of dividend paying stocks. She is looking to invest $500,000. Do you experts feel the dividend is safe, and perhaps recommend some other high income paying stocks that are reasonably safe for my dear Grandmother. I will be inheriting all her money, so no duds please. Thank you all for your expertise and honesty .

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    • First off, no offense to anyone in particular, I dont trust most of these comments on here any farther than I can throw my ISP server farm.. I dont know them, some have some good ideas, some good information, however I do my own looking after I see what they say..

      If you are trying to help your Gmother invest those amounts, would you go to some stranger on the corner of a city street? or would you go to a professional, a bonified professional?

      While I do my own playing, I have plenty of time to afford the risks.. But I would not want to chance my Gmother or my Mothers funds are devastated by a bad choice...

      It might cost some in the long run to have a managed fund, but that might be the best bet for you and your grandmother. 90% or more of the people on these boards are running short, with either good news or bad news, much of it false just to try to bump price so they can buy or sell and make THEIR profit..

      On the other side of the coin, there are some very knoweldgeable people in here, trying to give good advice, but it is still advice and opinion...

      My advice, the higher the % if dividend, usually the riskier the fund.. if not, everyone would be in there and not in all the other stocks.. (this is not counting value of stocks themselves... If a stock loses 20% share value and you gain 5% in dividend., it is still a major loss. unless you have years and years to recover..., even then it is not a sure thing... Your best bet, get that professional to work a managed and balanced fund that meets the style of investing that your GM wants, super agressive funding, growth, an income and semi-secure investment or what.

      Good luck with whatever you do, and hope it works out..

      Sentiment: Hold

    • My sympathies to your grandmother. As a great grandfather my situation is much the same. I would not be in the market at all if CDs paid anything. ARR is not safe. In the last year the decline in asset value cost roughly half the dividend. If you like a stock whose price and dividend are both declining, this is your baby.
      I keep waiting for a bounce to get out, but it looks like that will never happen.

    • Nothing is safe.
      Accept that.

      The entire market is a game

    • yctsoi@att.net yctsoi Apr 17, 2013 1:59 PM Flag

      take a look an income fund CIK. it has a long time history and pays dividend every month with 7% yield.the price is not high and stable. I think it is a good investment for retirement.

    • Well, I am no expert, but would suggest you diversify. Reits can be a touch on the riskier side. My dividend portfolio includes ARR, PTTRX, DNP, PDT, FKINX, ZTR, NYCB. I have held them for decades (except ARR and NYCB). My average return is over 7% and I sleep well at night. They have done well for me and I live on the dividends these days. They all have ups and downs in pps, but have paid solid, consistent dividends. OH, I hope you don't inherit the money any time soon. lol.

 
ARR
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