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American Capital Agency Corp. Message Board

  • stormfront2020 stormfront2020 Dec 31, 2012 12:42 PM Flag

    For A While It Looked Like I Had................

    made a mistake taking the dividends in cash instead of reinvesting.
    Now It's looking like I made the right choice

    Sentiment: Hold

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    • I did the same,sold agnc and mtge,pre-ex,I don't like to gloat about it because there are some permalongs on here that are hurting ,but a blind man would have seen this drop coming.Where are you putting your money instead? I have a buy order in for some PSEC, if it doesn't hit today, it should hit if we go over the cliff.

      • 1 Reply to whosejake1
      • Maybe I misunderstood your reply, but I didn't sell the stock. I was just pointing out that I took the dividends in cash. I still hold AGNC because I believe we're going to be in a low interest environment for at least a few more years. (just don't want to add any 'new' money)

        I hold about 17 different dividend paying stocks. (Probably too many)
        I use a simple 3 month chart & add a little when I think a holding is oversold, & write out of the money calls when I think it's overbought.

        This has worked really well for me since I first started doing it Sept 2011
        Been very successful doing this with ely lily LLY, cinemark CNK, cabot oil & gas COG, bgs foods BGS, & up until mid sept AGNC

        The amount I have in AGNC is only around 4% of my portfolio.


        Sentiment: Hold

19.495-0.025(-0.13%)10:47 AMEDT