Apr. 22 at 3:49 AM
over half my investing strategy is the green bar.
$ECC pref d..
9.07%...almost as good as gold. unfortunately theres an ugly tax liability to it. marginal rate.
$ARR pref C i believe only hits a 15%..but 8.79% here. so the opportunity cost is cooked in.
preferred stocks on these reits are smacked down because of yield swappers. swapping 9% for 15% and at discounts to book BV. my strategy is still looking to be the optimal for safety, dividends, capital protection and long term growth. 25-30% capital gains possible.
$MITT $MFA $NYMT prefs all getting added to.
