04-07-2020, 03:37 PM
(04-07-2020, 02:13 PM)vbin Wrote: Bought Atlas corp's prefferred stocks. Yielding at 14%.
Has anyone else looked into prefferred stocks? I am thinking to allocate some money to PFF( ishares prefferred ETF) yeilding at 6.8% right now.
I own some CEFs. Closed end funds that buy preferred shares. They always get beat up during rough markets so I usually stock up. Nothing wrong with what you are doing but I like some funds in the port. It's hard to adequately track a million individual positions.
I did more bearish stuff while the market was still up 500+ today. Bought one more SEP SPY put, sold a few covered calls that expire THU. Made tiny trims to some of my positions to raise some cash so I can go shopping again soon.