My $15.80 purchase of NLY settles on 10/14/2011 and executed at 1:13 PM 10/11/2011. This takes my total target allocation of NLY to 3/4. Back in March of this year, Uncle Gary asked, “Which REIT Should I Buy? CIM or NLY” I chose NLY for these reasons: 1. NLY is a large fund with a … [Read more…]
But what if the tax cuts are extended for some or all including those making over $250K/yr? This could be extra bullish for high dividend yielding stocks.
This is the first test at buying high dividend stocks just prior to record date to capture the dividend.