05-18-2021, 01:40 PM
(05-18-2021, 11:35 AM)ken-do-nim Wrote: Just returning here to say many of my 'value traps' are doing quite well. NLY is up to 9.31 from 8.23 at the start of the year. AGNC is up to 18.47 from 15.39 at the start of the year. OXLC is up to 6.89 from 5.50 at the start of the year. I wonder how long this will keep up.Keep believing but you are gambling. It comes home to roost when you don't expect it. There is no long term crazy high free yield if you aren't growing revenues. Tell me about the free cash flow they are generating and I'll read up. How are they returning 6X the safe treasury yield? You are witnessing speculation and yield chasing. Show us a ten year chart. The experienced investors here would be all in if we hadn't seen this movie many times before.
Serious question. What is $10K invested in NLY 10 years ago worth now? I don't know the answer. How does it compare to SPY? I don't care about three months.