Author Topic: Thoughts on NRZ as a new investment?  (Read 1526 times)

FrugalSaver

  • Pencil Stache
  • ****
  • Posts: 832
Thoughts on NRZ as a new investment?
« on: August 07, 2016, 01:10:25 PM »
Anyone familiar with it?

forummm

  • Walrus Stache
  • *******
  • Posts: 7374
  • Senior Mustachian
Re: Thoughts on NRZ as a new investment?
« Reply #1 on: August 07, 2016, 02:44:00 PM »
I generally advise only to invest in index funds.

ShoulderThingThatGoesUp

  • Magnum Stache
  • ******
  • Posts: 3053
  • Location: Emmaus, PA
Re: Thoughts on NRZ as a new investment?
« Reply #2 on: August 08, 2016, 07:35:07 AM »
Not sure why you would invest in a particular REIT when very low-cost funds of REITs like SCHH are available.

Aphalite

  • Bristles
  • ***
  • Posts: 425
Re: Thoughts on NRZ as a new investment?
« Reply #3 on: August 08, 2016, 08:00:12 AM »
Melting ice cube (runoff is pretty bad with such low interest rates) - if you buy now (pretty much at fair value) you'd be betting on management's ability to find better investments in the future (i.e. not wasting capital)

ShoulderThingThatGoesUp

  • Magnum Stache
  • ******
  • Posts: 3053
  • Location: Emmaus, PA
Re: Thoughts on NRZ as a new investment?
« Reply #4 on: August 08, 2016, 10:34:09 AM »
Also any time the top headline on a stock is from Seeking Alpha calling it a "No-Brainer" I don't think you've discovered value that somebody else hasn't.

 

Wow, a phone plan for fifteen bucks!