Preferred Securities

[Moderate]

are they worth it for investing?

 

[timbo]

Sure. Common liabilities have benefits.

 

[Moderate]

for example if i buy 100 shares of HYL today at 21 , goldman sachs wil buy it back from me on

02/15/2009 for $25.00 ?

 

[jmoo]

What is HYL?

 

[LVtrader35]

These are outstanding investments as long as you pick solid companies....Many of the banks/financial institions such as WFC and ABN.E have a yeild to call of low double digits..obvioiusly, if they are not called on the date estimated there is some exposure but as an overall investment stategy I have been more than happy with them. Another plus is the distribution they spin off per year so if you are looking for an investment where you can actually see a dividend, go for it.

Good luck!

 

[Hook N. Sinker]

http://www.quantumonline.com/ has information about preferred stocks.

 

[tradingmonkey]

That is a really great website! Thanks Hook