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Thursday, January 03, 2013

Positions Going into 2013

Going into 2013 I have two major positions...and those stocks would be U.S. Steel (X) and Annaly Capital Management (NLY). To be honest, I was and remain a bit leary on the NLY holding with all the fiscal cliff talks and potential impacts of tax increases and how future decisions may or may not impact high dividend stocks such as Annaly. That being said, I will continue to hold my position and hopefully still reap the rewards of this high-dividend paying stock.

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