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Sell any of these or hold all for the next 40 years?
Major Hedge Funds HF are at it again camouflaged 80% common ownership most gained by also owning only Sr Debt to Exit Ch 11.
Major Hedge Funds HF are at it again camouflaged 80% common ownership most gained by also owning only Sr Debt to Exit Ch 11.
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I just liquidated some money market positions because the rates went down and loaded up on some SGOV as well as free cash to pick up more RITM and a few of my other Covid darlings.
Just buy RITM in the near term until the AI stuff weeds itself out…
Taking RITM for a ride.
I own 4 stocks and 3 funds. C, ASTS, GOOG, RITM FZILX, FXAIX, SCHD
RITM is seriously slept on
TSLA, PLTR, NBIS, TSSI, NVDA, MAIN, ONE,RITM, Will make you Rich one day
for me, that's VOO(one of if not the lowest expense ratio with average/good dividend for the type of product), and RITM which has had a consistently very high dividend and stable price. though i guess the former is an etf, but that certainly meets the low effort part
$RITM 8.6% yield and most think it is undervalued right now so potential for growth.
VYM's div is barely higher than something more growth-oriented like VOO. For dividends, I primarily invest in REITs, particularly RITM. I dont really have specific advice for you, but that information could be useful to you
I dumped RITM and mbs heavy EFC when this all started and made some money. They're both down now but not as much as I expect. But I also expect the trump induced recession to scythe a large path of carnage across the residential real estate and mbs market. A recession and high interest rates plus high inflation from tariffs will be brutal on that sector of the economy. Looking for some bargains, but not getting into much. Looking for a good ADM competitor as people will still need to eat but the food processing level is mediocre and I already have UL.
Keep in mind that calls are generally at the option of the issuer. RITM-D and NYMTL would be at the top of my list for callable, below par, and high yield.
This is what I am doing SVIX below $10.50. TLT below $87. GTC SPY at $520, $510, $490. REITs for dividends - RITM below $10, NLY below $18.
Liquidity is pretty important. If there is enough volume to provide liquidity for you strategy you should be fine. For example if you're looking at multi-leg strategies it's probably more likely to trade if there is plenty of volume to fill those trades. Having said that I used to trade what is now $RITM when it was $NRZ. It was priced where I could just make money with $0.05 ($5) differences between ticks trading on Robbinhood. I'd walk to get a Starbucks and pay for my drink on the way.
Because they can't reinvest it. I have an investment like that. It's only at 30%/year right now. I bought a stock, RITM, during the COVID crash at like $3.50/share. It's now paying dividends of $1/share annually. So, I'm making 28.5% on my money every year consistently. But I can't put any more money in that investment (not at $3.50, I can buy in at $11/share). That's basically what the Renaissance Medallion fund is like.
My dividend baby has been $RITM I 3x down in k0v1d and I'm sitting at a $6.50 cost with a 10% dripped dividend.
RITM is a mortgage reit. They are normally losers when the market goes down and cannot recover, because they are forced to sell their assets at the lowest points in the market.
If you want similar yields and to diversify a bit, RITM is another reit that is about the same. Also UTF is at about 7 and in a different sector.
No, they are not normal bonds. They are like higher priority stocks that act like bonds in their dividend payouts, and that they usually have a maturity date. Also known as a "call date." At that time or anytime thereafter, the company can call them, and you will get the par value of $25/share, besides all the divs you accumulated in the meantime Some preferreds are "perpetual" and don't have a call date, but most do. Preferreds are safer than the normal stock, because if the company experiences financial trouble, preferred stock holders get paid first. Good preferred stocks don't seem to deviate too much in price. They all begin life at $25/share price (par). If you buy at a higher price, it's called buying at premium. If you buy at lower than 25, it's called buying at discount to par. The good ones generally bounce around between 23-26. My son-in-law says that it can be OK to buy a little over 25 (at premium) depending on some metrics that he knows how to delve into, but I don't. SPNT-B I bought at 25.28, and he said at the time it was a fair price due to other metrics. They buy and sell like normal stocks, wherein you buy immediately at market price, or set a limit price that will trigger a buy when share price gets down to your limit. Some have a rate called "fixed-to-float" which means when it's call date comes, it switches from a fixed yield to a floating one. In the case of RITM-D, the float rate is very generous, with the div being the 5 year treasury rate (which can vary), PLUS 6.223%. Sweet. Unless they call it. [https://www.preferredstockchannel.com/symbol/ritm.prd/](https://www.preferredstockchannel.com/symbol/ritm.prd/) This is a good site for the fine details of various preferred stocks
Hey, so I know my portfolio is messy and super diversified, but I’m just curious if people think I have good positions. Any advice and criticism is welcome. 6 shares in NVDA .3 in SPY 50 in RITM 6 in T 5 SPHD 1 SIEGY 5 PFE 3 KO 2 O And then some smaller positions that I got for free
Decided to play theost bring stock ever....RITM....
Not for the long term IMHO. It would be much better to accept a smaller initial income stream with long term growth. Note that you could supplement this with higher income payers with low growth (say, MO, T, F, KHC, RITM, NNN, and the like); this would increase your initial income stream, and in the out years your dividend growers will spin off larger income streams for you.
If you are wanting to trade I get you. I am more a dividend investor that looks for upside. I like UWMC, RITM for breakup, PM for Zuni and cannabis if we get a decrimilazation.
I've been happy holding RITM. For 9% yield, hard to pass up. Some are straight junk, others.... not too shabby.
I do a 70/30 split on $400 a month. 70% I put in JEPI and VOO. Of that 70% I put 80% in VOO and 20% in JEPI. The other 30% are stocks I personally pick. My main stocks that I picked are citi, Microsoft, MO, kinder Morgan, O, PSTL and RITM. I also buy F any time it hits $9.99 or less per share and sell anytime it hits $11. My pickem stocks have far out performed my VOO & JEPI. Don't get me wrong I'm up on ALL of it but had I put 100% of my money in my pickem stocks I would be a lot more.
RITM pretty good deal right now. I’m close to having a couple hundred plus calls set to expire January 2027
Sell RITM, last of the riets I was in. Maybe put it in KO now that they have zero sugar oreo flavored coke.
buy it and forget about it. but understand most of them lose the share price in the long run. I hold 30K in MFA, RTW and RITM and looking to get rid of it.
Uwmc and RITM. With rates dropping and good dividends I feel pretty good for the next 12 months.
First off, if you are in the accumulation phase, I would think you would want to go for aggressive growth ETF's rather than high yield dividend stocks. That said, take a look at https://finviz.com/. One of the screens is a stock screener that you can screen for stocks that have a "BUY" rating and dividend rate above 9%, that should give you a bunch to look at. Here are a few individual stocks you might want to look: RITM - RITHM CAPITAL CORP @ 8.74%, PMT - PennyMAC Mortgage @ 11.7%, EPD - ENTERPRISE PRODS PARTNERS L P @ 7.46% or JEPQ - JPMorgan Nasdaq Equity Premium Income @ 9.71%. If you are really gutsy look up YMAX @ 39.86 or YMAG @ 36.50.
I go with high yield bonds, duration less than 5 years. For me bonds of higher quality BDCs are the right level of risk and reward. I’ve got bonds from MAIN, BXSL, and HTGC. I’ve also got preferred shares with high reset rates that I think will lead to a call with RITM-D and SPNT-B. The CLO market is interesting, but generally too risky for me. I have EICC as a 2029 term preferred. To round everything out, I have a 20 year TIPS bought at 2.4% real that I keep for the next big recession scare (or actual recession). If that hits 1% real, I’ll sell and buy the dip. There’s bound to be a recession in the next 20 years and if there isn’t, 2.4% real isn’t terrible for no credit risk.
RITM has been such a great buy. Over last month it has gone by 7% and overall I am up 32% in it overall. And it gives 9% dividend. Really solid buy - well not anymore I suppose. KRE has also been great. Paypal not so much but today gave some hope. But tech has been getting hammered lately :/
Looking at VRT, NXP after earning fail, looking to increase NVDA and RIVN positions and perhaps increase my SKWD, RITM positions. If Celsius is low enough by Friday I’ll also buy more major bag holding Celsius lol bought at 54. What about it you friend?? @methgator7
Well that depends. Are other investors expecting interest rates to drop? Have they factored that into their valuation of RITM?
Am I wrong for thinking they'll grow back once the rate starts to drop ? ive been buying RITM lately , and was thinking it could be a great value on the long term
My thought is the Fed is dangling a carrot but is in zero position to cut rates or even know when to cut rates. I guess I’m saying that I would invest as if this was the status quo, not trying to time rate cuts. Finally, since someone brought it up earlier, if you have a favorite REIT that you really like and has done well in the current environment, I’d toss money that way. RITM is my REIT that I toss money into. Steady price. Good dividend. Has room to climb in the coming years…
I love dividend stocks. RITM and ET all day long for growth and high dividends.
RITM for a scalp when it goes back to 11
$AMD at $68 but I bought \~half in on another account around $30 before transferring. I just trimmed since it's more overvalued than NVDA right now and NVDA is actually benefitting from the hype. I bought more on the ride up so $68 was just the average. RITM, bought at about $4.5 or something. Basically 20% yield on cost for the past 3 years running.
Fortress + EJF Capital with 31m common shares take control of Novation Companies Inc. $NOVCQ with Board of Directors with 40M common shares (Barry Igdaloff, Howard Amster who restructured $DX with Fortress + EJF Capital) + MassMutual Barings Jefferies 20m common shares each or 40M & White Mountains Capital $WTM via 2019 EJF investment. Together these people that all know each other have restructured $NOVCQ 3 times yet never once crammed down phony Sr Debt, a ruse used for 3rd restructuring 2nd Ch 11 8/13/23. $NOVCQ has a new 8-member Board of Directors, new name & symbol ready to go upon Softbank’s closing the sale of Fortress back to Fortress Mgt Team - bank rolled by Rajeev Misra (ex-Fortress, ex Vision Fund CEO) of Mubadala Inv Co MIC. The research and evidence suggest they will spin out $NOVCQ Former MREIT as new tax- exempt MREIT aka Novastar Mgt (formerly NYSE $NFI) creating a new dividend/management fee and merge http://healthcare-staffing.com HCS aka http://medmasa.com with Hudson Global $HSON explaining why Igdaloff, Amster’s co-investors including Jeff Eberwein CEO/COB of $HSON and former CEO/COB of $NOVCQ and his group lead by Whitney Tilson have filed massive Form 4s in both $NOVCQ & $HSON. Dreman Value Mgt adds 533,000 shares under dark pools & SEC loop hole Rule 15c(2)11. MREIT will generate dividends plus new management fees for Fortress and/or EJF Capital. Medmasa aka HCS will use $730M NOLs. NOVCQ Board with Fortress and EJF then FBR restructured Dynex Capital $DX into .13/DX common dividend. Fortress restructured MREIT, RITM, SNR & GCI out of Newcastle $NCT now traded Drive Shack $DS which kept 160M NOLs. RITM was NRZ MREIT that paid Fortress over $250M annually in management fees and dividends up to 2022 termination fee of $400M.
RITM should do well with earnings tomorrow
I wouldn't recommend this in any way, but *IF* I were feeling so froggy as to take a leap on a silly adventure like this, I'd at least choose an mREIT with decent management and track record. A STWD or ABR or RITM. And still I don't even know why the choices are HYSA or REIT, but I've never even heard of Ellington and I've been in and out of REITs over a number of years.
Sorry for the silly question, but looking at RITM its not clear to me if you just own the stock or if there is a way to be an investor on their platform. Would you mind sharing some details? $250 dividend sounds real nice
O, VICI, STAG, CTO, and then mREITs STWD, ABR, RITM
CCL is about fairly valued right now, probably okay to sell. Idk about XOM and RITM.
I’d probably ditch CCL WFC BAC RITM KO. Stack VOO and maybe add something like VIG
You likely have losses in your CCL and RITM positions. You can sell to harvest up to $3000 in capital losses per tax year to reduce your taxable income, even if you don't realize any gains elsewhere.
Solid picks. I’d watch that RITM though they have good growth but they’re not profitable. If the markets go down that thing is crashing. But as they pay down there debt they should be good.
RITM about20% for last 2 years., Not much gain but happy with the dividend
Rental property too much hassle just buy a reit like RITM or BRT.
No RITM? Origination in-house, servicing business prints, and still well below book value. Plus pays a sustainable 9% divi
because i make 11-14% from dividends alone on RITM and SACH, and I'm sure other REITs out there have similar. Are you old?
Buy RITM. You will get roughly 5,000 shares that pay $1 in dividends a year. If you reinvest the dividends the returns start to compound. On the other hand, you can take the dividends and invest in other dividend paying companies to make sure you are diversified.
I honestly don't know if there are fees since I just hold the stock and it's not in an actively managed fund, for example. I was also holding SPHD up to today and unloaded due to abysmal performance. I have 1000 shares of RITM at just above a $7 basis, that have paid $250 quarterly. So far, it's the one investment I'm satisfied with.
I am def not an expert, but RITM looks to be real-estate, JEPI has half the top 10 holdings of VOO, and I am not sure what JEPQs deal is. What are fees for these? VOO is essentially a mirror of the S&P 500 (there are def others like it, this happens to be the one I am in) and has minimal fees, like less than 0.1%. Might be worth looking into this and play the long game man, I want you to make $$ with me!!!
Check out RITM stock. It pays over 10% in dividends and took a bit of a dip recently. I went to college and just started at a utility company at 35. Wish I had started sooner like you did.
With the exception of RITM-D and SBBA, these were all bought after interest rates increased. I rotated into corporate high yield because bonds can be bought at a large discount to par. The yield to maturity on the bonds are high. If interest rates decline, the YTM will drop and the performance will exceed the yield. If interest rates don’t decrease the reset yields of RITM-D and CIM-B will be quite high, leading to capital appreciation or a double digit yield. SBBA is a 2025 bond with ~7.5% stripped yield to maturity in 22 months. ASB-E is the gamble. After the SVB regional bank crises, I picked out a preferred share from a regional bank that I thought had minimal chance of going under.
I have $100K at 2% for 6 years. I invested in RITM-D, CIM-B, SBBA, ASB-F, and bonds from Main, BXSL, and HTGC.
Long game for me, RITM and INSW. But they’ve run up too much to buy now.
No. It is overpriced right now (15% over NAV) and somewhat high risk. A better bet are the M, O or P preferred shares for AGNC - they are about 85% of NAV. For a non preferred share mreit look at RC (Ready Capital) and RITM (Rithim) - both have high dividends and are well below their NAVs - so less downside risk on the stock price.
RITM NYMT Both are real estate plays which is iffy with interest rates right now but right are paying over 12 percent
I am gonna ride RITM and SCM. I will know in a few years.
My biggest position is RITM. It’s at a large discount and pays a large dividend while being not too risky.
RITM-D is my favorite. 8.84% current yield. In 3.5 years it resets to the 5 year treasury yield + 6.22%. My opinion is that it’ll get called leading to a 26% capital gain on top of the dividends, if not that’s a great credit spread. WFC-Q is where I stash my short term cash. It floats in September at LIBOR + 3.09 or a fixed rate of 8.94% depending how WFC wants to handle LIBOR going away. On top of it 6% current yield, it trades at a 4% discount. That’s a nice annualized yield to call. If it’s not called, I can ride the short end of the yield curve with an above market rate.
$RITM should be $9’s or $10’s based on what?
Mortgage REITs [https://stockcharts.com/freecharts/candleglance.html?NLY,AGNC,STWD,RITM,ABR,HASI,BXMT,LADR,CIM,ARI|B|M252|0](https://stockcharts.com/freecharts/candleglance.html?NLY,AGNC,STWD,RITM,ABR,HASI,BXMT,LADR,CIM,ARI|B|M252|0)
Right there with ya. That AGNC and RITM
If you like real estate sector check out IVR. A new favorite of mine. They keep missing their earnings target but always hitting double expected. Also RITM also makes me feel things so.
RITM $9; 10.8 div/yield just an FYI. It got hit really hard in covid, rebounded about 50% and has more or less been trading sideways since... but with automated reinvesting I'm just riding on DCA until it ever pops back up...
Thank you for reminding me, sorry! Currently I’m just holding long: 7500 shares $DNA (I exercised $1 call options but so far I’m still down because premiums were high) 200 shares $RITM @ 10.69 avg My biggest gains have been on: BRLT shares (bought @ 4.31 –> sold @ 5.62) RITM monthly calls ABNB weekly puts SQ weekly calls SPY 1 dte calls and puts (lots of swing trading) PARA weekly calls For options, I always buy to open and sell to close
$RITM is extremely boring but I keep adding
Just to throw some tickers your way with decent yield to maturity: IBHD, IBHF, SBBA, OXSQL, and GAINN. With fixed income YTM is more important than current yield. I also like preferred stocks: WFC-Q, RITM-D, and AGNCP. Here’s a site for looking up their terms: https://www.quantumonline.com/search.cfm
Their MSR portfolio will provide a steady income stream in the future, and is getting more valuable as rates rise because prepayment rates will fall drastically. The loan origination business is likely to be in the doldrums due to the high rates. They seem to be doing a decent job of managing their MBSs. Overall, they are reliably earning their dividend and appear to be managing risk appropriately. mREITs are always subject to market shocks, but RITM seems to be one of the safest options in the sector.
RITM, due to the real estate uncertainty. Also Target, cause I'm worried they may hit financial trouble due to supply issues and over inventory at inflated prices. But they have been stable and around a very long time, so it is probably paranoia and regret for not buying Walmart instead.
I started about three years ago. After trial and error I finally have a base of a portfolio that I feel comfortable building off of. The best advice I can give you is do your research, use people to bounce ideas off of them to get others'opinions, and use all that with your gut feeling to pick stocks. As far as which companies to focus on: Companies with a proven track record (they have survived a recession) and they make money. These are my own stocks currently: EPAM, OMF KRP ARCC RITM BAX UL and AZN. YTD I'm up 13% and over the last 3 months I'm up 26%. Good luck and happy investing.
Slowly build a diversified portfolio of high quality, well-managed growth and dividend stocks. Be content with 5-6% and let it compound. Don’t fear the K-1. Example: EPD, USAC (energy, but not commodity price dependent, solid needed services); MO (dividends not going to grow unless weed gets legalized nationally, which can only happen if people stop voting for Republicans); KO (61 years of increasing the dividend. Think about that); HD, ABBV, some preferred REITS like RITM Preferred D; SCHD and SO. Looks like a good entry point for PSLDX below $5. Get rich over the next few decades.
>It could be that the market is anticipating future problems for the company, such as declining revenues or increasing expenses. It's also possible that investors are concerned about the overall direction of the economy and believe that RITM will underperform other investments in a recessionary environment.
It depends on your goal and age. I don't usually invest social media stocks or gold stock/etf. I understand the gold can minimize the volatility and good during high inflation, but the total return doesn't qualify my criteria. I have JEPI and SCHD since both don't overlap that. I do have BRK.B and MFT. My stocks are boring and are Aristocrat with good cash flow. You should invest in stocks that you notice that it's popular among your friends and families. Or buy stocks that you it will exist in 30+ yrs. I would sell COIN, META, GOLD, AMD, RITM, and buy APPL/GOOG and SCHD. If you want real estate exposure, then maybe Realty Income (O). However, that is my opinion. If you don't have time to look at fundamentals of the companies, then etf that tracks SP500 or total market is good option. I own stocks and etf that gives me good dividend and growth.
I get a quarterly payout from $RITM
Overall, you’re missing nothing. You are gaining experience. You are learning. Yes, your META position is a little messed up. So the lesson will be in what you do about that. Sell and take the loss? Buy more and average that basis down? Do nothing? It’s all part of the journey. My point of reference is a little skewed with the fractional shares, but my opinions are: Keep the tech and BRK/B. Dump the crypto related. Keep the gold. RITM is real estate so that’s going to depend on what they’re doing while being aware that real estate holding companies tend to value their own assets.
$RITM and $JEPI are not etf’s?
I’ve purposely chose $MSFT $GOLD $RITM and $JEPI because a couple of them are ETF’s
Also I have a better understanding of ETF’s which interest me more ie. $RITM and $JEPI