The article highlights the importance of focusing on cash flow rather than solely on total returns when investing, especially for retirees who rely on their savings. It critiques the common internet emphasis on total returns, pointing out that total return charts assume reinvestment and no withdrawals, which is unrealistic for retirees. The author stresses that having reliable income from investments prevents the need to sell shares at depressed prices during market downturns. This approach anchors retirement portfolios with sustainable cash flow, reducing the risk of forced sales at market bottoms.
Annaly Capital Management currently offers a high dividend yield of 13%, supported by Q2 earnings available for distribution (EAD) of $0.79 against a $0.75 dividend. The stock trades at 1.14 times its book value, which limits the margin of safety des...
Investors holding high-yield dividend stocks like mortgage REITs and BDCs outside a Roth IRA face significant tax penalties, as these dividends are taxed as ordinary income. A $500,000 portfolio in these stocks can lose about $12,720 annually in taxe...
Annaly Capital Management is rated Buy at $22.94 per share, with a fair value estimate of $25.55, implying an 11.4% price upside. The company's diversified portfolio across Agency MBS, Residential Credit, and MSR supports a strong blended target retu...
