Investing 102

[Bucketlist2012]

Yes, a good day..

My health is great today and the market is up..

When my health is bad, i could be up 10 grand for the day and it still doesn't help..

But today, I have my Health, overnight Dividends, a nice market bump, and family and friends..

And My cars....A great day, indeed..

[Bucketlist2012]

And with Bernanke, last week he spoke and I took a hit....I knew he was blowing smoke up my rear for a sell off..I went about my day..

I laughed and thought to myself, sure Dude, you won't spend any more, and print anymore...I was just waiting for him to speak again..this time out of the other side of his mouth....He did...WOOT.

[toy71camaro]

Originally Posted by solarguy09

Yes, a good day..

My health is great today and the market is up..

When my health is bad, i could be up 10 grand for the day and it still doesn't help..

But today, I have my Health, overnight Dividends, a nice market bump, and family and friends..

And My cars....A great day, indeed..

and no rain! heheh

[GregWeld]

So if you wake up and see Annaly Capital (NLY) down it's because it went "ex-dividend" today... so it's down equal to the dividend payout... This is totally normal. Don't freak out!

[Sieg]

Nice........looking forward to my first NLY dividend deposit.

[toy71camaro]

Originally Posted by Sieg

Nice........looking forward to my first NLY dividend deposit.

Ditto!

lol.. i did notice it was down.. wasnt sweating it, cuz I'm "in it for the longhaul" so to speak...

Did find a few articles of "noise" on seekingalpha this morning. Trying to "herd the cattle away" from NLY... but the good part of Seekingalpha i like is that you can comment (and a LOT of people do)... So there are just as many PRO NLY as against NLY. So they bicker back and forth... good thing is sitting on the sidelines i get both views, and can make my own judgement.

[GregWeld]

It's one of my 3 "down" holdings... and is "volatile" to say the least. Volatile because with 25,000 shares -- a dime makes a big swing. I'm down 22K in the name BUT --- BIG BUTT --- I pick up $14,500 PER QUARTER in dividend... and UP .50 a share from here -- and I'm suddenly not down much.

[toy71camaro]

lol. yeah...

so far on my "investing 102" dividend funds, my two worst are NLY and CVX.. Each down 4.xx% since i purchased (last month?).. but, not that big of deal. If i had the money, id buy more of em. lol.

[Woody]

Originally Posted by GregWeld

So if you wake up and see Annaly Capital (NLY) down it's because it went "ex-dividend" today... so it's down equal to the dividend payout... This is totally normal. Don't freak out!

Greg,

Can you explain this. It seems like if the stock price goes down "equal to the dividend payout," your return would be zero. What am i missing?

[jeff71]

Wow... theirs a lot of info to read through here.

I read through about 15 pages and didn't see much on Roth IRA's. I listen to Dave Ramsey daily and he swears by Roth's.

Greg whats your thoughts?