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Resource Capital Corp. Message Board

  • jrfillion jrfillion Nov 14, 2012 1:50 PM Flag

    Don't know why but I like it!

    I am happy to pick up cheap shares whenever I can; I bought 6K today at 5.30. Yes; it may go lower; but that 20+ cents/sh will be very nice and it will eventually recover. And yes; if it goes much lower I will buy more. They just had a very good report and may even raise the div; although I am happy for them to reinvest as much as the tax consequences will let them. These are not qualified dividends anyhow; they get tax benefits at the corporate level. In fact these may become better choices for even the wealthy; rather than earn 5% and pay 45% for it they may choose to earn 15% and still pay 45%.

13.24-0.07(-0.53%)10:08 AMEDT