Replies to post #63 on New York Mortgage Trust Inc (NYMT)

[geo58]

Don't know this is a very quiet board,Going back to being quiet now.

[bar1080]

That's what happens when you own an entire portfolio of ultra high div junk like NYMT. MREITs may be OK for spicing up a portfolio's yield and providing a bit of diversity for bear market protection, but as a rule anything paying over 8% yield is a sucker bet. That's certainly been the case here for the past three years.

I shun mREITS altogether which has worked out well for me.