*Investors Blog*

[SC Maintenance]

I dont understanding buying a declining value asset for a 6% yield.... which after taxes barely beats inflation.
View attachment 351508when you could buy sometihng with a

When you could buy a rising value asset for a 8% yeild?
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Or my new favorite....... XQQI A nearly 21% yeild......
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Your comparing the preferred shares of the most too big to fail bank against a Goldman call selling scheme to a synthetic QQQ using leverage.

How about let it all ride on red 7?

 

[Pablo]

Your comparing the preferred shares of the most too big to fail bank against a Goldman call selling scheme to a synthetic QQQ using leverage.

How about let it all ride on red 7?

Hahahaha I tried to break it gently

 

[SC Maintenance]

Hahahaha I tried to break it gently

They might be reasonable investments for him But he started his post with "I don't know why".

 

[Pablo]

They might be reasonable investments for him But he started his post with "I don't know why".

Yes and we told him the why

Edit: I see that in other forums and comments to articles. Basically growth investors say there is no other way

 

[LZ0 Bob]

It's about stability.

BofA preferreds are not declining value,

Not declining?

Looks like a 6 year slide to me. So much for "Stability" ......

 

[Pablo]

Not declining?

Looks like a 6 year slide to me. So much for "Stability" ......

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Why didn't you pick Jan 2019? Not declining. I guess we could cherry pick a time - pretty stable and not declining. I see three excellent buy points and reason never to pay above par for a preferred stock. I mean sometimes I might pay .05$ over par, but not a yield eating $2.50. But again you are simply not getting it.

https://www.quantumonline.com/search.cfm?tickersymbol=BAC-B&sopt=symbol

I get $22,500 worry free dollars in my IRA. Do I/did I have other growth funds/companies? Of course.

 

[SC Maintenance]

Why didn't you pick Jan 2019? Not declining. I guess we could cherry pick a time - pretty stable and not declining. I see three excellent buy points and reason never to pay above par for a preferred stock. I mean sometimes I might pay .05$ over par, but not a yield eating $2.50. But again you are simply not getting it.

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https://www.quantumonline.com/search.cfm?tickersymbol=BAC-B&sopt=symbol

I get $22,500 worry free dollars in my IRA. Do I/did I have other growth funds/companies? Of course.

I am pretty sure everyone here bought near or under par.

 

[Pablo]

I am pretty sure everyone here bought near or under par.

Most bought on sale. What’s my yield for example?