SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Spekulatius who wrote (32815)1/12/2009 1:01:30 PM
From: Jurgis Bekepuris  Read Replies (1) of 78740
 
Like we discussed most preferreds have jumped up from their bottom prices. In fact they are probably the best performing equities in my portfolio. Now the question is: is it still worth buying preferreds? And if so, what would be your list to buy?

For me current situation is conflicting:

- On one hand, Fed rate and treasuries are at record lows and preferreds still offer high yields and high yield spreads. Both of which are BUY signals
- On the other hand, both government and private capital has recently been raised at 12-15% levels. Which means that 10-11% preferred yields are not really bargains. We as investors are getting less return than what other capital providers got.

And this is without consideration of macro picture where you could argue that another shoe may drop.

Opinions?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News