Skip to main content
No. of Recommendations: 5
Between 4/16 and 5/18 I purchased preferreds to raise my holdings from 2% as of 12/31 to 5.5%.

Average yield was 5.95% (yes the April purchases were a bit early).

Now these are UP an average of 6.36% and average yield is ONLY 5.60%.

Running my numbers for O I see 9 and 11 years to O income exceeding fixed income. Was 11 and 14 just a few days ago (5/15).

I guess I'm done purchasing preferreds until yields rise again.

Not quite ready to sell and move to DGR.

John

Prior post on buying preferreds.

https://boards.fool.com/one-of-my-gages-of-buying-fixed-inco...
Print the post  

Announcements

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.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.