分享最近选的两只高利股

ddd

AGNC(about 18%), NLY(about 14%)，都是Residential REIT版的。它们为什么能在过去的三年中在房地产下滑的情况下稳步成长我也想知道，但是它们过去三年中的曲线很牛，尤其是AGNC, 几近完美。PEG高一点但 P/E 还很诱人。如果你也认为房地产离底部不远了，那么它们在今后两年中是否会保持它们的表现呢？

我已分期建仓，准备长期持有。如果它们能继续表现，每年15%的股息可能比我投房地产回报大。还有一只Micro Cap ARR，不确定性较高，暂时不碰。

suanc2008

感谢3D兄分享

lite1067

ddd 发表于 2011-7-8 02:57
AGNC(about 18%), NLY(about 14%)，都是Residential REIT版的。它们为什么能在过去的三年中在房地产下滑的情 ...

ddd, thanks.

just a small note: AGNC is not a residential REIT, but a mortgage REIT. basically, it uses leverage via financial securities to increase return.  furthermore most mortgage REITs purchases mezzanine tranches in CMO structures to further juice return. Strangely enough, AGNC survives the crisis pretty well, while many other mortgage REITS got beaten badly. it seems to be a good candidate. I will have to read its financial reports :-) For long term investments, FA is more important than TA...... 在此省略1000字避免更多的板砖。

lite1067

NLY is mortgage REIT too.

lovelyguoguo

回复 lite1067 的帖子

I heard the earning of AGNC and NLY will be impacted by interest rate heavily.

6degrees

ddd 发表于 2011-7-8 02:57
AGNC(about 18%), NLY(about 14%)，都是Residential REIT版的。它们为什么能在过去的三年中在房地产下滑的情 ...

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6degrees

lite1067 发表于 2011-7-8 03:52
ddd, thanks.

just a small note: AGNC is not a residential REIT, but a mortgage REIT. basicall ...

请索版揭示秘密

lite1067

lovelyguoguo 发表于 2011-7-8 04:10
回复 lite1067 的帖子

I heard the earning of AGNC and NLY will be impacted by interest rate heavily. ...

what you heard is absolutely right.

This is the difference between mortgage REIT and residential REIT. mortgage REIT holding is leveraged fixed income securities. These two mortgage REITs are holding agency pass-throughts and CMOs, so their holdings won't have default risk, but interest rate risk.

ddd

Thanks, lite and guoguo. Great info!

So I guess as long as unemployment stays bad and the residential estate market stays sluggish, these stocks have a good chance to stay "healthy".

何鸿燊

回复 ddd 的帖子

http://finance.yahoo.com/news/Co ... -945938894.html?x=0

lite1067

ddd 发表于 2011-7-8 09:07
Thanks, lite and guoguo. Great info!

So I guess as long as unemployment stays bad and the residen ...

AGNC started in 2008. very good timing as the rates started lowering from then.

18% yield is very attractive. I think owning this is much better than owning treasuries, if one has to allocate some $$ to fixed income products.

ninemao

lite1067 发表于 2011-7-8 08:37
what you heard is absolutely right.

This is the difference between mortgage REIT and resident ...

Does it mean if mortgage rate raised, its price will go lower?

superxy

Own both almost a year. Great picks.

dommy

vanmark

IVR is good too

wyjhyd

dodofish

ninemao 发表于 2011-7-8 11:17
Does it mean if mortgage rate raised, its price will go lower?

搭车同问

lovelyguoguo

dodofish 发表于 2011-7-9 00:22
搭车同问

I think so.

风清扬

spy2011