Wed, Nov 26, 2014, 6:36 AM EST - U.S. Markets open in 2 hrs 54 mins

Recent

% | $
Quotes you view appear here for quick access.

American Capital Agency Corp. Message Board

salipenta 2 posts  |  Last Activity: Oct 13, 2014 8:27 AM Member since: Jul 3, 2002
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • salipenta salipenta Oct 13, 2014 8:27 AM Flag

    well, the way I see it is I've already "lost" on paper so I have 2 choices. I can either sell my position, realize the loss and lick my wounds. Or I can collect the dividend, average down and wait for price appreciation again. I believe in the latter.

    Over the very long term this will do very well. The Saudis are deliberately lowering the prices in order to destroy the booming US oil industry but I don't think that will last very long. The days of the middle eastern oil barons are numbered. Combine that with the inevitable plunge in the USD and I have my reason for investing in oil and gas trusts and MLPs. Timing may be off but who thought we'd see $85 oil again?

    Best of luck to you.

  • salipenta salipenta Oct 10, 2014 9:39 AM Flag

    haha.... as good a reason as any. I've heard musings that MLPs and trusts are down because interest rates are on the rise hence money is moving into fixed income. Really? So one will sell an 8-10% yield in VNR for a 2-3% fixed income investment? I think not.

    Sentiment: Buy

AGNC
22.98-0.32(-1.35%)Nov 25 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.