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


To: E_K_S who wrote (23061)6/7/2015 7:43:44 PM
From: Elroy  Respond to of 34328
 
Good to hear.

I recently bought a bunch more CIM, unfortunately I bought it above $15. The share price is plunging with many high income stocks, hopefully it will bounce back. But they may be one of these stocks that I hold "forever" just to get the income, so the share price may not matter so much.

I had held CIM for about 4-5 years previously, then finally sold it to realize the capital loss. I made money from the dividend, but lost on the share price, I think to net out to a small profit. A few months have gone by so I thought I'd jump back in. CIM just increased their dividend a bit, and I like that. Also, there is some speculation that NLY might buy up, which may give a one day 10% pop some day.