No. of Recommendations: 2
Have been in and out of several PSB preferreds these last few years. Loved the temporary post-Trump 15% off sale. They seem to have paid a little less in yield than "the market", or perhaps for some other reason they typically trade just below par. $22 is a great price, but they are much less likely to call that and provide that 12% gain than a higher yielding / above par issue.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.