RE:RE:RE:RE:Preferred DividendInteresting. Do any of these floating preferreds guarantee a profit if held for only a few days? The beauty of CASH is that you are guaranteed to make money every few days because the stock always moves up. If another opportunity arises, you can immediately sell and take and deploy the cash elsewhere.
Most importantly, buying ETFs are free at many brokers unlike other equities trading on the market, so there is no cost to getting in and out. I can appreciate that it may not be worth the hassle for many investors. One is basically earning about $95 per week for every $100,000 parked there.
mouserman wrote: Yeah 5 % does not excite me much....will find some floating preferreds , with decent liquidity that pay 10% or more that until i can move some more cash south. I find they are tradeable with little downside. Altho not in big lots. Gotta spread it around.