So you think your a big shot with 5800 shares. You realise that only amounts to just a little under $60,000. In a couple of weeks you will have $40,000 im afraid. Hope im wrong for your sake. For me Ive put my money somewhere else thats paying about the same div and is going up. Why dont you look at NLY and PGH for example.
anally capital now there is a novel idea...down from 21 I belive...could really blow up in this market...good call. Wait till they cut or suspend the divy
Sounds like you bought thornburg mortgage as well and maybe some fannie and freddie.
At least closed end funds like aod,etg,htd...are highly diversified. Buy this stuff and forget about it. I have owned Gabelli products for many many years in taxable and tax deferred accounts ....look at GUT....sucker keeps pumping out the divies...market goes down...dividend everymonth, market goes up capital appreciation and divy.
#1 canadian oil trusts have a very limited life span. i sold my last one just before oil started going down... AND, aod is one of my smaller positions...if people wouldnt be so scared, they wouldnt listen to doomsday sayers and hold tight.