The mortgage REITs are bouncing back. I’ve been pushing them since they hit bottom (or at least close to it.) This is a five year chart:
Despite the bounce, NLY still yields slightly over 10%.
AGNC just reported better earnings and higher book value. Click here. It’s yielding 10.9%. This is also a five year chart.
I know that interest rates will rise, one day. The mortgage REITs do also. At present, they’re still cheap.
I wish I could figure out why Windows’ neat Snipping Tool has suddenly taken to leaving out borders.
All about ear wax. I make the stuff by the bucketloads. It messes my hearing. And it’s itchy. The only “cure” is a regular cleaning by a real doctor with real metal instruments. It’s the best medical procedure ever. I had it done at a walk-in “rapid care” office last week. Not as good as visiting a real ear doctor.
The best article I’ve found is here. One key: never ever use these things in your ears:
Too much time on their hands. How serious was Hillary’s concussion? Here’s the answer in a funny, manipulated (and mercifully short) video.
This is the movie to see. Philip Seymour Hoffman was one of our truly great actors. Sadly, he’s no longer with us. This will be his last movie.
You need this: And I need an invite. Candy Spelling’s mansion in the Holmby Hills area of Los Angeles is available for $150 million. It’s 56,500 square feet, has 123 rooms (including three rooms just for wrapping presents) and parking for 100 cars. Hard to play tennis and then jump in the pool. It’s a long walk. I’d suffer it.
Read more on Wikipedia. Click here.
Pleasing everyone is impossible, but pissing everyone off is a piece of cake. (This is a joke. Read my lips: A joke.)
+ A fat girl served me in McDonald’s at lunchtime. She said ‘sorry about the wait’. I said, ‘Don’t worry, you’ll find a way to lose it eventually’.
+ I walked past a black kid sitting at a bus stop as I went into the bank. When I came out, he looked at me and said ‘Any Change?’ I said, ‘Nope, you’re still black’.
+ Years ago it was suggested that an apple a day kept the doctor away. But since all the doctors are now Muslim, I’ve found that a bacon sandwich works best!
+ Japanese scientists have now created a camera with such a fantastic shutter speed that it is now possible to take a photograph of a woman with her mouth closed.
+ I took my Biology exam last Friday. I was asked to name two things commonly found in cells. Apparently “Blacks” and “Mexicans” were NOT the correct answers.
Harry Newton who’s worried. His arithmetic has gone haywire. He multiplies when he should divide. He adds columns wrongly. He wires the wrong money. He topped his class in maths and algebra. Now I can’t calculate my way out of a paperbag. I am convinced this is not ageing, just lack of practice — though this may be wishful thinking. Oih.
Verizon, AT&T, Comcast and Charter Communications have all done better without me. My problem is I know that industry too well. I see its ginormous potential. I watch its desultory management not fulfilling what I think is an incredible future. (Comcast is the exception. It has real entrepreneurs running the place.) Maybe there’s a lesson here? How could I miss this: