Quote:
Originally Posted by GregWeld
I had a funny thought this morning -- partly because of Mikes question about income vs appreciation... and partly because I got my Annaly Capital Management (NLY) dividend this morning.
Most of you guys own houses.... I think a "jumbo" mortgage is $417 grand in most states...
I have about that much invested in NLY ($437 grand) -- but instead of paying someone -- IT pays me... $13,500 per quarter or $54,000 per year.
That is INCOME investing... 
Side note --- AT&T is trading "ex" dividend today - so part of the price drop this morning is "market" and part is the "ex" dividend trade. |
I went back and looked at the numbers and I'd posted them incorrectly -- the correct numbers are now in
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