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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Bocor who wrote (10380)11/13/2011 9:38:21 AM
From: Elroy  Read Replies (2) | Respond to of 34328
 
A lot of these seeking alpha articles don't seem very useful. That article basically said AGNC has done well, so buy it.



To: Bocor who wrote (10380)11/13/2011 10:21:06 AM
From: chowder  Respond to of 34328
 
It's hard to believe, but Realty Income - O ... sold for $12 per share back in early 2009. And, people today want to say the 5.2% yield isn't high enough. Ha! They had their chance!

I wasn't aware of O at the time in 2009. I think it was Steve who brought it to my attention. At the time, the shorts were trying to drive them out of the market and I think I recall Steve saying he was going to stick with it. So, I researched it and bought in.

I don't recall my initial price, maybe $18 or so. In any event, I've been averaging up, something most people are afraid to do and my new price per share is $29.32. Not great, but the investment has worked out fine for me. Most people I read about on SA say they are waiting for $29 before they buy. What were they waiting on at $12, $15, $18?

I was a slow learner. I finally committed at $18.

I don't own a mREIT and have no intention of owning one regardless of how good it is. Just me.



To: Bocor who wrote (10380)11/13/2011 5:36:35 PM
From: Sergio H  Read Replies (1) | Respond to of 34328
 
Hi Bocor. I have one REIT in my portfolio. It's Retail Opportunity Investments, ROIC. They started a little over a year ago and came out of the gate well funded, taking advantage of distressed value with cash purchases, shopping centers anchored by a drug store or supermarket all in high population middle class or upper class locations. Their properties are now only about 30% debt to value. Their dividend was just increased by 20% and according to my calculations based on their recent earnings report, the dividend should be increased again by a similar margin in the near future.