Replies to post #64 on Western Asset Mortgage Capital Corp. (WMC)

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"MortgageREITs: Shockingly High Price for High Dividends"

"A historical look at mREITs
Mark Twain once said, "History does not repeat itself, but it does rhyme."

Mortgage REIT investors need to know how difficult it really is to buy, and hold, an mREIT over a long period of time.

Suppose you invested $1,000 in mREITs when they first came to market in 1970. What would your investment be worth today?

You're not sure? Guess. Just throw out a number.

When I tell you the answer, you're probably going to be in disbelief. I was.

The answer is $56.90. Yes"

http://www.fool.com/investing/general/2014/01/25/mortgage-reits-the-shockingly-high-price-for-high.aspx