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Old 10-10-2011, 11:26 AM
baychamp baychamp is offline
Sand Trout
 
Join Date: Aug 2011
Location: Lake Charles
Posts: 29
Cash: 690
Default Preferred Stocks

Many of the financial preferreds are selling at a nice discount to their call price, examples - DTT, DTK, GS .PR.B , BCS.PR.C, MSK, AEF. I buy mainly investment grade pref'ds that are eligible for the 15 percent tax rate. Yields currently ranging from 7 to 9 percent. If they get called you receive the 25.00 price and pay no commission. An excellent site to do some research on preferreds is "Quantum Online" It's free and also has info on other income securities
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