O.K., so the Fed indicated the 'possibility' of QE beginning to end next year, and the market responded predictably. Yet, AMTG is keeping its dividend steady (for now), earnings were good, the hybrid busiiness model approach has been cited as particularly smart in this environment. Yet AMTG continues to bleed money. Am I the only one getting really concerned here or would anyone share some wisdom on when this might end? Thanks.
I think it will rebound its only a small portion of my portfolio but I do need the dividend income. I added at 19 and change also when it was 14 and change. If the FED RAISES THE INTERESTS RATES IT WILL HURT THE ECONOMY MY OPINION.
The next earnings comes out first week in August. They'll report the book value then. Then we'll know exactly how the rising interest rates affected us. Until then it's just speculation. I'll speculate that things will look better than $15 a share.
$17% and a discount to the nav should be enough to stay. The FED will slow the monetizing of debt before it stops. Only then will it start to raise Fed rates from 0. Bank accounts pay squat. If you can get a 17% rise on a another stock or fund, go for it.