Janet...I like FRO (yield about 20%) at the price it is right now, as FRO has very strong color (key statistics)..i.e. the p/e is about 4.4, the ROE is 34% (which is great) and they have a lot of cash on hand...please remember, that my model is not for everybody because; first, I am long term high yield investor and I accept some risks for high yield returns, second, when I start a new position, I use that entry price to work off of in the future (as I always dollar cost average more shares later on) third, the revenue stream from high yields give me 'funds to reinvest' in the future and 'some slack' in case of a share price pull-back...that said, I always reinvest my revenue stream because 'compound returns always win'...! I suggest that you purchase about a third of your normal holding and then add more from that entry point later on...! Good luck on your selections (support is $7.54, pivot is $7.59 and resistance is $7.83 and FRO is already through resistance)...! Stagg...!
Board members...this is a nice snap-back if it holds, ???...my NRZ, PSEC, CEFL and SFL are all doing fine and I am well pleased with them...my BDCL is doing OK and I may add more SFL and FRO in the future (after they settle down some)...! I was able to increase my revenue stream some during the sell-off with CEFL (and maybe we can catch out breath a bit now)...! Stagg...!
bayman...I am jealous, lol...year after year you are always the best investor on these message boards (in total returns)...however, I am well pleased as I picked up some more high paying holdings, at a higher yield on the pull-back...at this time my average weighted yield, on all of my portfolios, is a bit over 16% a year...our investment model is' very close to being the same', but you play the option game a lot better than me (that is my weak spot)...I believe that high yields are the best play in a very slow growth market and we need to keep taking advantage of it, because we may not always be able to get these type of high yields...! This is a nice bounce back...if it holds, ???...i.e. I am 'in the money real good' on NRZ, SFL, CEFL, PSEC and NYMT...! Stagg...!
sarge (nice summary)...I agree, as I have a large position in FRO and I feel it is way over-sold...the 12 different technical indicators I use have FRO at a 48% sell and I am bucking the trend with my current holdings...I also plan to dollar cost average more shares (when I have the available funds)...regardless of the technical indicators, FRO has very strong current color..i.e. a low p/e of 4.4 and a high ROE of 24.1% and plenty of cash on hand with a very high yield...! Stagg...!
sarge...utilities in the U.S. are a safe play away from any fallout from Europe and the BREXIT and some also have decent yields (revenue stream)...i.e. gold, has maybe some growth in price; but utilities, have some growth in share price and also have a yield (gold has no revenue stream)...some investors, feel that utilities are a safer play in a weak market...! That said, I think that I will go back to bed, lol...! Stagg...!
Board members...the markets are always looking for reasons to go move up or down and the BREXIT gave them a reason to move down...I don't think that this sell-off will last very long (maybe a few days, but not much longer) as this 'will not' be a future trend...my opinion is, to stay aways from investments in energy, banks and In Europe (because Europe is a mess, economic wise and otherwise)...! Stagg...!
gambler...my opinion is, that this market sell-off is another opportunity to increase our revenue stream even more...we can take advantage of the current down draft, and profit from it, as a lot of high yields just got higher..! Even if we are out of cash, we can move some funds into higher yields...! Stagg...!
sarge (thanks for posting excellent information)...AT&T (T) is now up 24% YTD in Total Returns (which is outstanding)...T (yield about 4.6%), on the five short term technical indicators I use, T is rated a 80% short term buy, on the four medium indicators T is rated 100% buy and on the three long term indicators T is rated a 100% buy; with an over-all average of 'a 96% buy' on all 12 technical indicators...the support is $40.75, the pivot is $41.68 and the resistance is $42.61...! I would also like to add that the short and long term charts on T look very good...my opinion is, that T is an excellent holding for the long term investor...! Stagg...!
Board members...when the markets crashed on the BREXIT (06/24/16), I notice that MORL 'held up pretty good'...MORL (yield about 24.2% and pays monthly) is a doubled leverage (2x) basket of REIT's and at this time is up 18.8% YTD...I am not pumping MORL as I do not own it (but wish I did)...I do hold BDCL (yield about 19.3%) which is a (2x) basket of BDC's and I am OK with it as it is now up 10.8% YTD...myself, I have no problem in getting twice the return with the same amount of invested funds, while they can go up or down twice as fast, the risk 'in the amount' of invested dollar value is still the same...! That said, I been trying to see which stocks were 'not affected much' by the recent sell-off and my FRO, CEFL and some others did not do very well, however, my NYMT, PSEC and BDCL did OK...! Stagg...!
gambler...I think that high yield stocks, with sustainable yields, 'will keep doing good' because low yield growth stocks have little to offer, at this time (no growth)...myself, I am still afraid of most energy and bank stocks (it seems like there is always something weird going on in those sectors)...it looks to me like 'Europe is a mess' and the people in Britain want no part of it (this will put more economic pressure on France and Germany as they stay hooked up with the weaker European countries)...! Good luck on your selections...! Stagg...!
bob...it looks like everybody had the same idea, that it was a buying opportunity...I pretty much blew it by waiting to long...but, I did pick up some more CEFL (at a good price and yield)...! FRO is still looking good, but I am all in, until I get more revenue stream...! Stagg...!
Board members...wow, that did not last very long as I am now back in the money on several of my holdings...it now looks like I waited to long to take advantage of the early morning pull-back...! I may add more CEFL (yield about 22% and pays monthly) before it goes back up again..! Stagg...!
Board...a lot of times like this, the stocks that fall the most are the ones that will do 'the strongest rebound' in the future...for that reason, I think I will place some bets on FRO (SFL is also looking very good at this price level)...! Stagg...!
sarge...it looks to me like a lot of investors are going to take advantage of this pull-back in the markets and because of that, this pull-back in the markets may be very short lived (???)...! Stagg...!
Board members...I feel that the BREXIT 'will hurt our principal short term', bit 'will not have an lasting effect' on our holdings...I agree that there will be a lot of bargains and while our principal will take a hit, the revenue stream from our investments will stay the same (or get better if we are a buyer)...
Europe is a mess and the people of Britain don't want to play that game anymore...they are tried of other countries telling them how to run their business and then loaning them money, that will probably never get paid back...its also possible (longer term) that France and Germany could follow Britain in the future (as this will put a lot of pressure on them)...! Again, I don't see our revenue stream getting hurt and the wise investors will profit from all of this, as high yields 'will get even higher' for new investments ...! Stagg...!
sarge...windows 10 'is not user friendly', however, I will get a grip on it when I get use to it (I hope, lol)...! Stagg...!
Board members...NADL is up 32% today and is up 246% from the time I sold it...does anybody know what is going on with NADL (???)...the trading volume is also doing a major increase...! Stagg...!
mark...thanks for the real time help, I have a new PC and I am having trouble getting used to windows 10 (it can do some snap-backs on 'data dates' that I am not used to and other weird stuff, lol)...! I still cannot get a lot of my FARM files to open...! Stagg...!
Board members...mark is correct, as I did a portfolio tune up at the end of January (and January was a terrible month for most investors, as was 2015)...the Total Returns are a lot different from the first of the year (January) as compared to the beginning of February for most stocks (which from 02/01/16 is a lot higher in Total Returns)...! My opinion is, that a lot of investors are getting burned out on growth stocks that are 'on a road to nowhere' and that is helping high income stocks (however, it may not last,???)...! Stagg...!
ed...you are correct as windows 10 carried the default starting date (1/23/16 and not 1/1/16)...therefore, NRZ would be up 13.2%, CEFL would be up 20.1% and DVHL would be up 32.5% (in YTD Total Returns)...and yes, windows 10 really sucks, lol...! Stagg...!