This board has been migrated to our new platform! Check out the new home page at discussion.fool.com or click below to go directly to the new Board on the new site.
John, This is the way I see the current investing landscape. The CPI --which is economic propaganda and not a useful measure of price increases at the household level-- is printing at 8.6%. The PPI --a far better estimate of coming consumer prices-- printed at 10% something. Therefore, jumping from a pfd with a CY of 5% something to a different one pays pays a mere 29 beeps more is the financial equivalent of rearranging deck chairs on the Titanic. BOTH OF THEM OFFER A NEGATIVE CURRENT YIELD, even if the tax rate were zero (instead of 15%). But again, as I said earlier, each investor worries about different things. Arindam
Best Of |
Favorites & Replies |
My Fool |