The lowest INTRADAY price for AGNC in 2020 was indeed 6.25 on 2020-03-18. If you actually bought AGNC at 6.25 on that date then you are a better trader than anyone else on EliteTrader and we all bow to you. Because the second lowest Intraday price was 8.12 on 2020-03-19, and the lowest Closing price was 9.73 on 2020-03-18.
I bought at $6+ not $6.25 but was good price. I was buying to make average price down, was making $$$$ profit and selling the most expensive shares, but kept the constant volume of shares. My point was if it pays divs I can wait when it will go up.
BTW it was $7.30 on 2022 $6.81 on 2023 $8.92 on 2024. I’m not the best trader, simply have my strategy, follow it, even when it was not so attractive.
Newbies like to dream. Nothing wrong with that. All oldies were newbies before. We had all sorts of interesting dreams about earning tons and tons of money in a short period of time, and with no/zero risk. Translating dream into positive result is a different / tough story.
I liked it. But never say 17% annual sucks with Zero risk. It’s not your dream, but different people have different preferences. You may tell us (if you want) how you can make your money, if it no harm to you and nice experience to share. I was thinking if I should and decided to share with ET. Why not ?
You are correct in your numbers. However, all the prices that you quoted are the exact INTRADAY low price for the each year. If anyone is that good at consistently buying at the lowest price of the year, they don't have to worry about collecting dividends.
Oh, no, I mentioned these lows for years. I did not say I was buying on these prices. My approach was to buy below my average price, but I spent my money not to aggressively. I may buy close to these prices but very limited amount of stocks. At some point I lowered my price to $8+ and was more than happy.
17% dividend is a red flag, not a good thing. Real business engaged in actually doing things and being successful, will almost never pay a dividend this high because they will use the money to expand instead. Likely much of this is a return of capital and doesn't constitute earnings at all. Look up their revenue and market cap. Payout ratio 400% https://finance.yahoo.com/quote/AGNC/key-statistics/ The notion that this is "risk free" is also idiotic. In general, whenever someone says "risk free" it's typically short for either "I don't know what I'm talking about " "I'm trying to mislead you" The max drawdown of this thing has been roughly double that of the sp500. That's pretty much the opposite of low risk. The notion that because you've made money on it in the past, you're immunized to future losses is a silly as saying "He missed me with the first bullet so I must be immune to bullets" Final thought... With an asset turnover of 0.01, I would be cautious about relying too much on any book values. https://stockanalysis.com/stocks/agnc/statistics/