By the way -- just for the record.... I don't think ANY of you should probably be in Annaly Capital Management (NLY) unless you're just parking money temporarily or are just interested in the quarterly income.
We are going into a RISING interest rate market -- IMHO -- The FED has already told us that it's basing it's interest rate on the employment figures and even if you don't believe those figures THEY are still using them as a gauge. They seem to be getting "better" as does the economy.
Please be very careful about investing in things you don't understand - and or don't pay attention to. This is NOT a buy and hold investment... I use it as an example but it is NOT a recommendation (I don't recommend ANYTHING). And please don't feel comfortable with "Greg's in it" so it must be okay. My investing is COMPLETELY different than for most of you. I pay attention -- I have much more to risk - my numbers and your numbers are (I'm guessing) are completely unrealistic - and my investments are for MY purposes... and you need to tailor your investments for YOUR purposes.