tag:blogger.com,1999:blog-6587699706949333863.post6785657947714239355..comments2024-03-04T05:39:28.346-06:00Comments on Passive Income Pursuit: Recent Sell and Position ClosePassive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-6587699706949333863.post-36924318156170703992016-09-13T09:28:44.707-05:002016-09-13T09:28:44.707-05:00Keith,
I'd love to get back into HCP after t...Keith, <br /><br />I'd love to get back into HCP after the spinoff but for me it wasn't worth holding given my concerns about QCP and what HCP will do. I figured it was best to just reassess once they're separated.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-73539877975954262992016-09-13T01:12:14.612-05:002016-09-13T01:12:14.612-05:00I still own HCP and plan to keep it along with the...I still own HCP and plan to keep it along with the up coming spin off. Same as with VTR and CCP. I can understand why you wanted to sell and least you walked away ahead on this position. I still like the large health REITs long term and will continue to hold. Thanks for sharing.DivHuthttps://www.blogger.com/profile/02437642929198374070noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-69835195413877596802016-09-09T17:27:45.015-05:002016-09-09T17:27:45.015-05:00Ferdi,
In typical fashion the share price of HCP...Ferdi, <br /><br />In typical fashion the share price of HCP popped up over $40 within a week of my sale which would have given me a little capital appreciation. QCP looks like it's going to be a mess so it makes the most sense to me to get out beforehand. Especially since the share price popped over the last few months to push it back to near my cost basis. <br /><br />I'm not entirely sure what I'll do yet with my cash but I'm looking forward to putting it to work. I just need to take a measured and slow approach rather than just throwing it around. Although I do have another option trade to report on and the details should be coming out next week.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-50132058148697551872016-09-09T17:24:45.298-05:002016-09-09T17:24:45.298-05:00vivianne,
HCP could be one of the highest yielde...vivianne, <br /><br />HCP could be one of the highest yielders in your portfolio for a reason. Like I mentioned in the article HCP provided nearly $200 per year in dividends and was the 10th largest contributor of dividends for my portfolio so it stings a bit to lose that. But I'm not comfortable with owning the spinoff company so it made the most sense to me to just sell now. <br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-87655602212470143822016-09-09T17:22:12.251-05:002016-09-09T17:22:12.251-05:00Adam,
I usually like to get the spinoff company,...Adam, <br /><br />I usually like to get the spinoff company, wait and evaluate the separate companies on a standalone basis. But in HCP/QCP's case it made more sense to me to sell beforehand. QCP is a mess and they're going to need at least a couple years to try and right the ship with no real guarantee that it'll happen. <br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-56988744458965975812016-09-09T17:19:27.610-05:002016-09-09T17:19:27.610-05:00R2R,
I like the company that will be left behind...R2R, <br /><br />I like the company that will be left behind after the QCP spinoff but I don't want any piece of the spinoff. So instead of waiting and then selling the spinoff it made the most sense to sell early, build some cash and reevaluate the company. I don't want to own the parent HCP only because it was already in my portfolio if there's better options out there.<br /><br />Thanks for stopping by!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-1152945544676671072016-09-09T17:07:37.164-05:002016-09-09T17:07:37.164-05:00I sold HCP in August for just under $39 per share....I sold HCP in August for just under $39 per share. Same reasoning as you, JC -- I didn't want to own shares of the spin-off. The other reason is I wanted some stronger foundation for selling options. All the best and I'm curious to see what you do.<br /><br />Cheers<br />FerdiS, DivGroFerdiShttps://www.blogger.com/profile/05008021146951839361noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-65810302627726340812016-09-09T12:03:43.168-05:002016-09-09T12:03:43.168-05:00I only have 10 shares, and its yield is the highes...I only have 10 shares, and its yield is the highest amongst my holdings, I'm reluctant to sell pre spinoff, but if the rate actually increase, I'll see no profit and miss my chance to sell.viviannehttp://wellroundedinvestor.comnoreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-87565047898152765552016-09-09T07:58:08.510-05:002016-09-09T07:58:08.510-05:00Oh man... I am getting closer to pulling the trigg...Oh man... I am getting closer to pulling the trigger on this one as well. I just dont care for the uncertainty, even though I only have $1500 or so invested. I am not interested in owning the spinoff. I guess I need to make the decision soon and move on. Thanks for the reasoning behind your sell.Adam - IWTRShttps://www.blogger.com/profile/13494393889774751702noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-59458654862170640072016-09-09T07:45:50.799-05:002016-09-09T07:45:50.799-05:00Good riddance, JC. HCP has made a bad situation wo...Good riddance, JC. HCP has made a bad situation worse the way they are handling the HCRManor issues. These kind of moves are unacceptable and you dont want to be left holding this stock.<br /><br />cheers<br />R2RRoadmap2Retirehttps://www.blogger.com/profile/14379818667071736766noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-80977772615380525672016-09-09T07:04:41.511-05:002016-09-09T07:04:41.511-05:00Dividend Lord,
The uncertainty regarding the div...Dividend Lord, <br /><br />The uncertainty regarding the dividend on top of the spinoff of what will be a struggling company at best for a few years made the decision pretty easy. Especially since the share price had recently moved back up to essentially my cost basis. I like what will be left of HCP after the QCP spinoff so I might add them back into the portfolio.<br /><br />All the best.Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-44956274540354542202016-09-09T07:02:08.984-05:002016-09-09T07:02:08.984-05:00Div4Son,
Yeah I missed out on the little bump ba...Div4Son, <br /><br />Yeah I missed out on the little bump back up over $40. Seems like the stock always has an extra 1-5% pop left in it whenever I sell. I can't blame you at all for trying to get your REITs into tax deferred accounts. I actually have some cash sitting in my Roth IRA right now but there's not much that looks all that good. I'd love to get some Realty Income shares in there but not at these valuations. <br /><br />All the best.Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-87470795038280436282016-09-09T06:33:41.478-05:002016-09-09T06:33:41.478-05:00I just sold mine 2 days ago when it was in the aro...I just sold mine 2 days ago when it was in the around 40. In addition to your reasons, I wanted to shift my REIT investments to my tax deferred accounts. Div4sonhttps://www.blogger.com/profile/03642716734352260007noreply@blogger.comtag:blogger.com,1999:blog-6587699706949333863.post-40903076511055179032016-09-09T06:19:39.422-05:002016-09-09T06:19:39.422-05:00Did the same thing. I don't want to become own...Did the same thing. I don't want to become owner of Quality Care Properties (perhaps Low Quality Care Properties would have been more appropriate!?). Additionally the uncertainty about HCP+QCP dividend policy after spin-off. I may return to HCP after spin-off, but need clearness to that dividend policy going forward.Anonymoushttps://www.blogger.com/profile/11920534840385612744noreply@blogger.com