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Non-Tech : Income Investing
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To: Charles M who wrote (52067)11/13/2025 10:49:34 PM
From: Privately  Read Replies (1) of 52113
 
Charles,

I don't make recommendations, but you might want to take a peek at your own power company. I own some of their preferreds, as well as those from Edison and SoCalGas.

PCG's preferreds are paying around 6.4% and (to me) seem to be relatively safe. Even through two bankruptcies and conviction as a felon (having killed hundreds of people), the worst thing they did was suspend payments for a while, then repaid it all back. I just don't see the gov. of the people's republic of California letting a Ute fail (especially with PCG being one of governor Newshound's biggest contributors).

again, just my opinion based on my view of CA politics, so pretty worthless.
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