Ladder Capital Corp (LADR)

[jugs]

LADR raising the distribution to 31.5¢ represents a penny and a half/unit. Let's think in broader terms:

For every thousand dollars you put into LADR units, your additional return comes to $1.095.

Two items bother me with this:

Your money MUST stay in place to receive the distribution. Quarter to quarter is three months to three months. That's a major concession for me---being told I can't redeploy my money when I can always find ways to make more than that? Doing exactly what I love?

Distributions are nice for someone counting on passive returns. They're good for the person who believes himself incapable of steering his own ship. For a self-starter, it's anathema as it totally rules out possibilities of generating outlandish returns.

I know people who routinely make a lot of money via capital appreciation, distributions being no more than icing on the cake. In the last few weeks, I, myself, have generated a 17% return YTD in my portfolio. This does not include distributions.

I'll take my chances on creating wealth any day over setting for an allowance thrown off by those managing a company. Leaders often overpay themselves and we retail folks have virtually nothing to say about it. Yet we pay the bill when a salary is concerned.