Mulligan
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 3, 2009
- Messages
- 9,343
Oh, I still have my portfolio of prefs that I plan on keeping... unless called of course...
My flipping is just play money and as long as it is fun I will do it... but it is a planned flip.... get in, get out and hope to make some money...
At first I was like you... hey, this stock has gone up a divi or two... why not sell and find something else and maybe get back in at a cheaper price... but I have stopped that for now... then again, just looked and I have none that would be worth it anyhow... in fact, losses in 4 of my 7 holdings...
Texas, I start with a plan, and then it falls to the wayside. I am going to have to get a lock for the “sock drawer” issues as they seem to escape. I just checked. At beginning of this year, I had 17 preferreds, and today, I have 20. But out of those 17 only FIISO, NSS (which I sold out several times in between then and now), and a now much smaller amount of MSEXP are the only 3 that are still around from just 6 months ago. Its worked a bit though as I am grinding towards 9% this year. Its going to probably flatten out from here though. I was getting way too aggressive and have scaled back buying some safe lower yielders for income that really have zero upside such as IPWLK, WELPM, and CTGSP.