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Enterprise Products Partners L.P. Message Board

going_broke_fast 7 posts  |  Last Activity: Nov 16, 2015 4:03 PM Member since: May 9, 2004
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  • Reply to

    Bomb Isis's source of imcome

    by mattmateuchi Nov 16, 2015 2:50 PM
    going_broke_fast going_broke_fast Nov 16, 2015 4:03 PM Flag

    Possibly because of it's effect on inflation, even though the current glut might temper that a bit. The Fed doesn't need anymore indecisiveness about a rate hike. Get it over with already.

  • going_broke_fast going_broke_fast Nov 11, 2015 8:17 AM Flag

    Supposedly only mortgage reits suffer when interest rates rise. From an article I found a little while age:

    "Mortgage REITs Drop When Interest Rates Rise

    Finally, the third category of stocks that I checked were mortgage REITs. Unlike property owners Vornado Realty and Simon Property, mortgage REITs invest in mortgages and other loans that are secured by real estate. They profit by investing funds borrowed at relatively low short-term rates in mortgages that pay higher long term rates. Analyzing mortgage REITs Annaly Capital Management, Inc. (NLY) and MFA Financial, Inc. Real Estate Trust (MFA) , I found that unlike property REITs, when interest rates rose, mortgage REIT earnings and dividends consistently dropped, and vice versa.

    One reason might be that rising interest rates reduce the value of a mortgage REIT’s mortgage portfolio, forcing the REITs to write-down the value of their assets, cutting earnings, and hence, dividends. Based on my admittedly skimpy study, only mortgage REIT investors are likely to suffer when interest rates rise. Property REIT and utility stocks should enjoy a good run.

    Did I cherry pick these examples to prove my preconceived ideas? Nope. My main problem was finding stocks trading since 1999 to use as examples, especially for mortgage and property REITs, but not so much for utilities.

  • Reply to

    Cash for NRF fractions

    by dar200 Nov 7, 2015 10:45 AM
    going_broke_fast going_broke_fast Nov 8, 2015 10:51 AM Flag

    TD Ameritrade still showing fractional shares for NRE. Hell, they're still showing the NRE distribution as tax free.

  • Reply to

    Total loss of value?

    by nschwartz_99 Nov 2, 2015 10:44 AM
    going_broke_fast going_broke_fast Nov 2, 2015 10:54 AM Flag

    Doesn't that 14% represent NRE?

  • Reply to

    Maybe the market

    by rmnew2fl Nov 2, 2015 9:52 AM
    going_broke_fast going_broke_fast Nov 2, 2015 10:37 AM Flag

    Maybe the institutional investors will buy back in again. If NRF follows through on the buyback and the double whammy of having tax consequences on a losing stock have passed, it may be more attractive now.

  • Reply to

    Trading stats on NRE

    by dar200 Oct 30, 2015 4:19 PM
    going_broke_fast going_broke_fast Oct 31, 2015 1:16 PM Flag

    Sorry about that...AMTD is not giving me much of anything about it.

  • Reply to

    Trading stats on NRE

    by dar200 Oct 30, 2015 4:19 PM
    going_broke_fast going_broke_fast Oct 31, 2015 8:46 AM Flag

    Looks like TD Ameritrade and Google finance also got it wrong. Note that in the historical prices Google Finance shows High: $$20.25, Low: $19.25 and volume of 156,482.

25.72+0.30(+1.18%)Nov 24 4:02 PMEST