Reik wrote: "being that im your guru please send your monthly fee"
I know...sorry. I got stuck in a bad hedge and need to raise some new capital. Lenloc said he'd loan me some money to get a Roth started though so I'm hopeful that I'll be back on my feet again soon.
Now that roth has no income limitation the answer for mreits is a resounding YES... unless u r in such straitened circumstances that u cannot afford a meaningful sized roth. Then u have my sympathies but then u r playing with pin money anyways and the entire discussion is moot.
Tax advantage of roth is far, far greater for mreits than for regular stocks like apple (35% versus only 15%) which ur guru reik could not understand.
But what else is new?
Lenloc wrote: "all my mreits are in my roth. so no future taxes ever. only dummies hold them elsewhere.
r u dumb enuff to hold them outside roth reik?"
So everyone that holds an mReit outside a Roth is dumb, Lenloc?
Lenloc: while you and Jack slap each other on the backs for being so smart with your long and hold only positions on AGNC and MTGE (which no one is criticizing you for, by the way), Reik is doing just fine.
I find it amusing how Reik can post an idea well in advance, trade it and then watch it work out and you continue to ignore what he actually writes and and jump up and down like a little kid saying, "see I was right!".
I'm guessing you are really not a dense as you seem but rather you just don't like admitting when you are wrong and can't successfully argue any points you are trying to make.
But his counterbalanced trading strategy requires doing that.
THe way this works is you make lots of little small trading gains, pay the brokerage, pay the IRS, and then-- Whoops, here and there a trade goes wrong as it moves too fast too much in the wrong direction, and then the game is over.
Have pity, not scorn.
My only wonder is why he posts so much?