TSX:BPO.PR.A - Post by User
Comment by
CrazyTraderon Jun 02, 2024 3:18pm
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Post# 36068419
RE:RE:Which witch is ......
RE:RE:Which witch is ......I've never paid attention to the Floater.... But I think you are correct, the Floater are probably the best pick in a Higher for Longer rate enviorment. But they will take a hit if rates fall.
I didn't like them because they didn't have a "base rate". You don't know your minimum dividend yield.
I know I'll be getting about 10% MINIMUM forever as long as I hold, no matter what rates do. Not that I plan to hold forever, but having 10% minimum is a good back up plan if I get "stuck" here holding.