RE:BK is ok for a hold No one owning this is saying to dump "all their dough" into it lol. For me, it's around 5%. I even buy LFE on and off too but for a capital gain play only not distributions. BK and DGS are more reliable holds if the strategy is reliable distributions. There are others too like EIT.
I'm mostly a dividend investor than a trader, I think that's the disagreement here. Also, the sentiment. While I agree higher for longer is true in the US, rates will be coming down. It might take another year to get a full point trimmed but it's coming. This will help the severely stressed mortgage market and the banks. LFE could still be paying in this environment but it may or may not be stable. Time will tell.
In the end, I think we're all making money, even the shorts. It's just how we go about it.
mouserman wrote: For investors that dont want to watch it every day, and dont trade .... its great .
Thats not me. I dont like buying anything at a premium... and prefer gambling on LFE at around 4 $ and getting 28% distributions instead of 15 % on top of the big capital gains.
But go ahead and dump all your dough into BK , i am sure you wont lose .