RE:RE:LCS in realtime @ $17.23So my average price in on LFE is about $ 4.18 after trades, so the yield is it continues to pay is about 27% or so. LCS buying here the yield is 13%... . I see bigger capital gains with LFE as well, as i am still bullish on the lifecos , even if there is a couple of rate cuts this year. I do not see the BOC or the US fed, cutting bigtime, likely only .25 % each time. Wont affect the profitability of the lifecos. I dont like to put al my eggs in one basket, so having both LCS and LFE would be more that direction.
I have 50% of my holdings in floating preferreds and another 10 % in FTN with a 10% cash for good deals on the side.