Are you nervous at all about having so many high risk mREIT's? serious question, because i hold many of the same list and every day i hope another 9/11 doesn't happen and wipe me out.
Stay and hold, the div is still in effect, actually went UP a bit. The price will come back up by the time next quarter rolls around.
I think i will....
Sentiment: Strong Buy
Not sure what's going on, but this thing needs to triple bag a few more times for me to be happy with it. Been holding the bag for way too long
This has a fixed maturity date of 2042
Given that it is leveraged, and an ETN, it doesn't actually hold the assets. This is the holding that you don't wait and stay long through a disaster. . if Anything happens, sell immediately, even for a loss, because it will go to nothing in a day.
My math clearly sucks :/ lol Thanks for correcting me. I had NOT considered the compounded drip in my statements.
So, compounded yearly for easier math at a fixed 20%, i end up with roughly 15k shares in year 30 when starting with 100. at $22 current prices, that's $330k in asset value paying little over 50 grand a year at the end of it. given this holding has an end-date, there's only 3 years of post drip (year 31) cash pulling.
is what i came up with. not sure if it's right.
blocked that spammer long ago...
To the question at hand, i don't think they have released too much info other than the are raising this capital to buy more units, and then do the spin.
Yeah, I feel you on the cash accounts. Luckily, i don't have to worry about any of that as I hold these in my retirement accounts only. Get an accountant. It's the best couple hundred bucks I spend in a year. *HERE YOU GO* (sends zip file of scans) and I sit and wait a few days for my guy to tell me what i'm getting back :)