04-07-2021, 08:18 PM
I don't mind the beatings, lol. There's a method to my madness. I do have experience with these products. I had 25K+ in NLY for a while, and I enjoyed it while it traded in a nice band from $10-$12. When it dipped into the 9s, I sold it.
For now I like the diversification. Part of this is a learning exercise for me. And these products all have very different chart histories.
ORC - King of the roost yield-wise, also the one I trust the least. It's basically been going down since Feb 2017 when it was at $12, now it's at $6.
OXLC - Prior to the "blip" (been watching too much Marvel TV), it stayed right around $10. Now it's in the mid 6s and still climbing.
RA - It used to trade around $22, now back almost to that. With a yield over 11%, if it just stays around where it is, that's fine.
NLY - I'm hoping it climbs back to $10
PCI - A steady climber before the blip, I'm hoping it keeps climbing now.
PFL - It has managed to climb back to $12 where it used to trade at. So yes, it may not go any higher, but the yield is almost 9% so it's fine
HRZN - If you look at the 10 year chart, it kind of makes a bowl. It has been on the rise for a while now.
HTGC - Yeah, it's definitely buying at the top. Hoping it can stay there. This one historically has reached this high then started down. Gulp.
T - I'm hoping with HBO Max now it can finally start climbing.
RIO - An actual DGI stock with almost a 6% div? Seems too good to be true. The 5 year chart looks great; going to Max shows it got killed in the 2008 drop.
Now let's look at your suggestions.
O - The max chart is wonderful; the 5 year chart looks choppy. The 1 year chart shows it trading in a narrow band, which it just rose above. 4.33% div so it's not in the same class as the others so far.
STAG - Interesting. At its 5 year high. Lots of hills & valleys in that chart. 4.20% dividend so again, not in the same class.
LTC - Another riser looking to get back to what it traded at before the blip. 5.24% dividend so it's interesting.
I don't see any of these as any better than say PCI, whose dividend blows them out of the water.
RQI - Looks a lot like LTC but with a slightly better dividend
ARCC - 8.38%, now that's my kind of stock
Time will tell! I doubt I'll stay in any of these for more than 2 years. Once my monthly budget is under control with a few more years of raises under my belt, I'll probably move these funds into growth equities. But I do like the idea that I can take a portion of my portfolio and dedicate it to providing me supplemental income whenever I choose; makes me feel like I set my own salary.
For now I like the diversification. Part of this is a learning exercise for me. And these products all have very different chart histories.
ORC - King of the roost yield-wise, also the one I trust the least. It's basically been going down since Feb 2017 when it was at $12, now it's at $6.
OXLC - Prior to the "blip" (been watching too much Marvel TV), it stayed right around $10. Now it's in the mid 6s and still climbing.
RA - It used to trade around $22, now back almost to that. With a yield over 11%, if it just stays around where it is, that's fine.
NLY - I'm hoping it climbs back to $10
PCI - A steady climber before the blip, I'm hoping it keeps climbing now.
PFL - It has managed to climb back to $12 where it used to trade at. So yes, it may not go any higher, but the yield is almost 9% so it's fine
HRZN - If you look at the 10 year chart, it kind of makes a bowl. It has been on the rise for a while now.
HTGC - Yeah, it's definitely buying at the top. Hoping it can stay there. This one historically has reached this high then started down. Gulp.
T - I'm hoping with HBO Max now it can finally start climbing.
RIO - An actual DGI stock with almost a 6% div? Seems too good to be true. The 5 year chart looks great; going to Max shows it got killed in the 2008 drop.
Now let's look at your suggestions.
O - The max chart is wonderful; the 5 year chart looks choppy. The 1 year chart shows it trading in a narrow band, which it just rose above. 4.33% div so it's not in the same class as the others so far.
STAG - Interesting. At its 5 year high. Lots of hills & valleys in that chart. 4.20% dividend so again, not in the same class.
LTC - Another riser looking to get back to what it traded at before the blip. 5.24% dividend so it's interesting.
I don't see any of these as any better than say PCI, whose dividend blows them out of the water.
RQI - Looks a lot like LTC but with a slightly better dividend
ARCC - 8.38%, now that's my kind of stock
Time will tell! I doubt I'll stay in any of these for more than 2 years. Once my monthly budget is under control with a few more years of raises under my belt, I'll probably move these funds into growth equities. But I do like the idea that I can take a portion of my portfolio and dedicate it to providing me supplemental income whenever I choose; makes me feel like I set my own salary.