Last Friday, we sold off most of our shares of Blackstone Mortgage Trust, Inc. Common Stock (BXMT). We still have less than 18 shares in 2 different accounts with 2 different online banks. Selling off these remaining small holdings entails far too large costs in relation to the sale price.
With the money for the sale of (BXMT), we increased our holding in Realty Income Corporation Common Stock (O) which has a lower dividend than (BXMT) but which we believe has greater long-term potential.
Whether we did right or wrong, the future will tell.
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