Enbridge Inc T.ENB.PR.Y

ENB Prefs Question

[amugsgame]

Anyone help me with this? Prefs tend to be the stable old man of investing yet ENB Prefs are proving themselves to have all the volatility of the commons but with less dividend return. Any explanation of why is appreciated.

[Ocalaman]

I think all pref's are volatile now as we have the war between hold,raise,drop rates going on it's a mugs game but over the longer term rates will subside somewhat ,problby never to sub1%, one sure way to avoid the rate battle is to hold until maturity and guarantee your buy in rate and return of capital. The only exception would be if its rated as NVCC in which case, and its along shot

[amugsgame]

Occlaman - thanks for the info!