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Archive of entries posted on 7th September 2011

Too good to be true? Should I sue Verizon for fraud, or incompetence?

Readers question my love for the mortgage REITs, like NLY.They say that Annaly’s 14.85% dividend yield is  “too good to be true.” This is  hard to answer this. All stocks you own are a matter of faith. Mortgage REITs earn  a living by playing the spread between what they borrow money at and what they […]