By spartano on Skatehive
https://img.leopedia.io/DQmQQjYgBPun6GkAiH76VTVSsPSp2WimWBMJAJKtgRwQmQo/GeminiGeneratedImage_ba3f98ba3f98ba3f.png The snowball is starting to roll. ✅ April has been a month of milestones. Not only am I continuing to build my positions in companies with high recovery potential, but I have also officially received my first payment as an investor. 🏠 1. Redwood Trust (RWT): A Calculated Risk in Mortgage Credit Position: 10 shares at $5.93 each I’ve added Redwood Trust (RWT) to the portfolio. This is a specialized finance company and a Mortgage REIT (mREIT) based in California. It focuses on several key segments: Mortgage Banking: Through Sequoia (residential) and CoreVest (investor housing). Investment Management: Focusing on housing credit and securitization. Why RWT? During its "golden age" in 2004/2005, it traded above $60. Today, at under $6, it is a high-risk play, but as a REIT, it must distribute 90% of its taxable income. I am betting on its expertise in the US housing credit mark