September 1, 2011
Comments from Investors
1) For many the mortgage REITS are a way to gain a decent return (while paying the full tax rate, not the reduced tax on dividends) with minimal risk. Of course the banks, paying well less than a percent return hate these vehicles. What is the advantage to the markets or to the country or to the retired in destroying these REITS? Perhaps its once again about corporate greed from the banks who find their miniscule interest rates unattractive to investors.
Once again, the powerful are hard at work to make sure that no one else can assail their castles. How the long for the days of a landed aristocracy and serfs. With every day, we seem to move closer to fulfillment of that goal.
2)CIM, AGNC, NLY IM SCREWED AGAIN..THIS WILL BE MY LAST STOCK INVESTMENT AFTER 30 YEARS OF LOSSES AND FRUSTRATION WITH THE SYSTEMTHE HOUSE ALWAYS WINS.
3) SEC lets Bernie Madoff scam billions, but if people start making money off REITS, and paying taxes on the dividends, that cant be allowed
4)Leave it to the SEC to screw up something good.
5)By the time the SEC does this all investors will have already dumped their REIT stocks and will ikely never, ever again invest in a US financial institution. So far the US Government, with ample help from the Congress, FDIC, FED and SEC, have totally destroyed investors faith in all forms of investments including currency, houses, equities and financial institutions (CDs, banks, etc.). If you make the decision to destroy REIT investing it will be just one more nail in the United State's coffin.