I own two BDCs-MCC & MAIN. Both have been great for me-check them out. I also hold four REITs-ESRT, HASI, ADC and SIR. Out of the four, my favorites are SIR and ESRT.
I bought 1K shares just ahead of the earnings report. Needless to say, I'm losing some money. But, I'm listening to the conference call now and I really don't understand what the problem is. Infact, I just bought 500 more shares. It seems all good to me.
I own shares of MCC and from what I can tell, they're pretty careful before lending out their money. They must see something in the company. I'm debating on buying some shares of LSCG.
I'm in for 3K shares now. I think this is a good place to be. Let's see someone come up with the cash to acquire GST.
I've owned this stock since around $8.00 a share. The price of the stock has fluctuated, but overall has gone upwards. Part of the rap on this company has been the amount of debt they have, but management has done a good job managing it the entire time. The acquisitions they've made have all worked out in the longer term.
I personally don't care if the share price drops. It just means I get more of a DRIP on my divvies. I will contiue to hold this in my portfolio as long as the dividend holds and management continues to try and be innovative in growing the company. This is an long-term investment for me-not a quarter by quarter reassessment.
As far as Cramer goes, I like his show and listen to his recommendations. Do I ever buy or sell anything he talks about? No. I do listen and then go about my research. He does make me think of other companies I may be aware of. With some entertainment value thrown in.
I think if you want to trade a stock as opposed to investing, then you'd do better fooling around with something like CLF like I am. Or TC. Or AA. Or ROX. I can go on and on. But this stock is a keeper for me.
SIR looked like a good investment when I bought into it earlier this year. In fact, I bought shares in my nephew's, daughter's and sons account as well. I currently hold approx. 850 shares in my wife's 401K (she has a brokerage option so she has a few decent sized positions). The last I checked, the dividend is very sustainable (the payout ratio was 67%).
I bought SIR because it owns a lot of Hawaiian real estate. Hawaii seems to be really hot. Some of their properties are coming up for renewal meaning the leases need to be renegotiated. SIR will almost assuredly make more money whih bodes well for us the shareholders.
I currently have 3 different stocks involved with the Hawaiian theme. Along with SIR, we also hold shares in HE (Hawaiian Electric) and MATX (Matson, Inc) that handles the bulk of shipping in and out of Hawaii.
I sold out of one account booking a profit. But then I bought back in another account for a long-term hold. I think this is a rock solid company with a great business. I also hold other Hawaiian plays. I own shares in SIR-a REIT that pays a substantial dividend and owns a lot of hawaiian real estate. I also hold shares in HE the Hawaiian utility.