I also have a problem pulling the trigger and buying. I haven't seen capitulation yet although there is no law saying we will have it. The selloff has been more severe in some sectors than the averages indicate. Oil for one example - and oil's decline is blamed for the correction by some. I also can't decide if I should buy beaten down oil companies or increase my positions in reits. There is potential for appreciation is great in both sectors.
Some of the oil stocks -mlps - are down like the reits were in 2008. Good time to start making a list on ones that will survive. That is the big problem. - which ones. Oil was discussed on Fast Money on CNBC and they discussing oil's price and some were looking at oil stocks based on where oil was and where it can go.It has came down a long way. Some are getting interested and they made the same comment that Mark posted here about buy quality or the risky ones that will bounce much higher when or if oil goes up.
If business is going on as normal why would there be a dividend cut. I have not seen one actual fact posted about NRF having a problem covering their dividend. I read these same type posts on several message boards calling for dividend cuts because the share price crashed. I suspect short sellers in some cases. It is the whole market "stupid".
Not just RAS. So quit all the BS! On almost every board the bashers and shorts are saying the same thing about the dividends, debt, business models, and any possible thing that they can try to make negative. Nothing has changed except a major market correction for the entire market.
trusts that are selling below $5. These could be homeruns in a few years if you can pick the ones that will survive. Trusts will survive as they have little or no debt. There was an article on Seeking Alpha about some low priced trusts a few weeks ago and SA has an article on MEMP today that is interesting. Some of these could be preform in the future like the reits did after the great recession. Picking the right ones is the problem. Any ideas for long term?
Bob, If I remember correctly without looking over old posts I believe it has been mentioned on the SNR, NRF, as well as the NRZ boards about the high dividend not being sustainable.
Sentiment: Strong Buy
On several reit message boards I see posts saying don't buy because the dividend is too high and not sustainable. They post nothing about the fundamentals of the company or the fact that almost all reits have sold off because of interest rate fears and an overall bad market.
Sentiment: Strong Buy
Yes, there are some good authors. Take the time to look at the author's profile and how many followers he has is a good starting point.