Replies to post #405 on Annaly Capital Management, Inc. (NLY)

[getmoreshares]

Thanks for the reply!

[Spicknspan]

You always need to factor in the dividend into the total return. And be able to average down when the decline in the price is not offset by the dividend. Been in NLY for the past five years at many different entry points. Comfortable average cost basis now. And nice total on dividends. But, imo, you cannot buy it one time and just forget about it.

[Spicknspan]

Today's Seeking Alpha report on NLY is pretty good on discussing the impact on rising rates on mREITs. Not all bad.