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Goofy,

perferreds.....5 to 6% return with a basket....GE, Wells, JP morgan etc.....carefully choicen perferreds.....

they stay generally within a range and have a good return in this climate........with 300k his return would be around $15k to $17k.....

make sure there is a decent amount of daily volume so you can easily unload them.....

Dave
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