Published Thu, 03 Jan 2019 12:48:18 -0500 on Seeking Alpha
Commentary Watching the market over the years has taught me fundamental analysis can take you so far, but the sentiment of the market prevails when it comes to price. Price can become artificially volatile at times as demonstrated during 2018. Once someone is free of the impediments of price, the market will be reduced to no more than a place to purchase high-income assets that pay on a continual basis. Investing becomes so simple once someone realizes price is manipulated by others, but future income is controlled by the investor. Trust in your own due-diligence with your own investments and purchase when the opportunity presents itself. Market declines are your best friend in adding value (income cash flow) to your portfolio.
Background and planning This is my 5-year anniversary where I have been explaining my investment strategy since 2014. I started my portfolio design with a 10% yield and today this portfolio still produces income over 10%. How is this possible? Simple; my investments generate yield anywhere between 8 to 12% and I just keep buying during all market cycles.
To show the viability of such a portfolio built exclusively with high yield assets I'll provide actual results based on brokerage performance reports. People interested in evaluating the 10% high yield process are invited to follow along and track my future performance.
2018 was my first full year in retirement taking distributions from my IRA account. I set the distribution level at 60% (about... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|TWO HARBORS INVESTMENT||13.95||4.2||3.29||1.88||13.51|
|NEW RESIDENTIAL INVESTMENT||15.89||4.2||3.79||2.00||12.67|
|AMERICAN CAPITAL AGENCY||17.95||5.7||3.17||2.16||12.07|
|ANNALY CAPITAL MANAGEMENT||10.09||4.0||2.52||1.20||12.07|
|GUGGENHEIM STRATEGIC OPPORTUNITIES FUND||19.49||0.0||0.00||0.00||11.32|
|AG MORTGAGE INVESTMENT TRUST||17.47||6.1||2.87||1.90||10.89|
|INVESCO MORTGAGE CAPITAL||15.67||9.3||1.69||1.68||10.78|
|HERCULES TECH GROWTH CAP||11.49||9.2||1.25||1.24||10.64|
|CHERRY HILL MORTGAGE INVESTMENT||18.46||2.8||6.64||1.96||10.60|
|NEWTEK BUSINESS SERVICES||19.30||0.0||0.00||2.00||10.59|
|APOLLO COMMERCIAL REAL ESTATE FINANCE||17.42||11.7||1.49||1.84||10.56|
|STELLUS CAPITAL INVESTMENT||13.59||7.6||1.80||1.36||9.98|
|STARWOOD PROPERTY TRUST||20.19||14.0||1.44||1.92||9.74|
|PENNYMAC MORTGAGE INV TRUST||19.25||9.9||1.94||1.88||9.69|
|GOLDMAN SACHS BDC||20.13||12.0||1.67||1.80||8.90|
|SOLAR SENIOR CAPITAL||16.17||11.5||1.41||1.41||8.73|
|ARES COMMERCIAL REAL ESTATE||14.18||11.5||1.23||1.24||8.19|
|PENNANTPARK FLOATING RATE CAPITAL||12.59||14.6||0.86||0.95||7.64|
|BLACKSTONE MORTGAGE TRUST||32.95||13.3||2.48||2.48||7.52|
|GOLUB CAPITAL BDC||17.60||12.8||1.37||1.28||7.41|
|MAIN STREET CAPITAL||36.03||9.7||3.70||2.34||6.71|
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