Investing Discipline

[DTB]

Take a look at some Preferred Stock ETFs for a decent return that you can have re-invested or take the income.

5 of the Best Preferred Stock ETFs for High and Stable Dividends

The best preferred stock ETFs allow you to reduce your risk by investing in baskets of preferred stocks.

www.kiplinger.com

No offense but all 5 of those mentioned are stone cold losers. While they throw off an OK dividend, their share prices haven't done anyone any favors. One could actually beat them with good old KMB

 

[Mark K]

No offense but all 5 of those mentioned are stone cold losers. While they throw off an OK dividend, their share prices haven't done anyone any favors. One could actually beat them with good old KMB

That's their reason to exist.

You don't make money on price appreciation on these; they're dividend payers. The stock price doesn't move much on these; that's the way preferred stocks and their associated ETFs are structured. They are a safe way to make 5-7% for the risk averse. Generally the only risk is interest rate related. In the current environment, there's a good chance of the rates dropping, in which case, the preferreds value increases.

OTOH, some REIT preferreds are paying 8-9% if you want a bit more return with a bit more risk. That beats the hll out of money market funds. I handle my FIL's account and just bought a new issue preferred IPO (GMRE-B) paying 8%+ for his account after one of his CDs matured. I cashed it in when the bank was going to pay 3.7% for the next year.

 

[DTB]

That's their reason to exist.

You don't make money on price appreciation on these; they're dividend payers. The stock price doesn't move much on these; that's the way preferred stocks and their associated ETFs are structured. They are a safe way to make 5-7% for the risk averse. Generally the only risk is interest rate related. In the current environment, there's a good chance of the rates dropping, in which case, the preferreds value increases.

OTOH, some REIT preferreds are paying 8-9% if you want a bit more return with a bit more risk. That beats the hll out of money market funds. I handle my FIL's account and just bought a new issue preferred IPO (GMRE-B) paying 8%+ for his account after one of his CDs matured. I cashed it in when the bank was going to pay 3.7% for the next year.

There is big time price erosion on 4/5 of those ETFs, may as well go with CEFs and get double digit returns on a portion of the portfolio

 

[Bobby Bucks]

Wall Street Journal article worth reading, should be a free read.


https://stocks.apple.com/AyostPbwSQMKeVp--K8ac0w

 

[Charles West]

Given the weakness in the market lately, I am thinking of keeping the powder dry until the new year begins and the shakeout runs its course.

 

[Bobby Bucks]

Given the weakness in the market lately, I am thinking of keeping the powder dry until the new year begins and the shakeout runs its course.

Same here. In fact I’m maximizing return on cash sweep, something I haven’t paid much attention to before.

 

[Fernando]

MSN

Peter Schiff says only an unlikely government intervention can save Bitcoin​

Bitcoin’s sharp break below key support levels, along with double-digit losses across major altcoins, has brought one of the crypto market’s most vocal critics back into the spotlight.
Veteran economist and gold advocate Peter Schiff is making waves again with his sharp critique of Bitcoin, warning that the only realistic way for BTC bulls to “get bailed out” is through a taxpayer-funded rescue, a scenario he deems highly unlikely.

Schiff is again warning that holders of the digital currency are in for a grim awakening — and an unlikely Bitcoin price rally is their only hope. He notes that Bitcoin can only hit a new all-time high if the U.S. government steps in and buys massive amounts of it for its strategic reserve — a move he believes is highly unlikely.

Such a move, Schiff argues, would effectively amount to a taxpayer-backed bailout of crypto speculators — rewarding excessive risk-taking, inflating what he views as an unstable asset, and funneling government money into a market he believes lacks intrinsic value.

 

[Bobby Bucks]

MSN

Peter Schiff says only an unlikely government intervention can save Bitcoin​

Bitcoin’s sharp break below key support levels, along with double-digit losses across major altcoins, has brought one of the crypto market’s most vocal critics back into the spotlight.
Veteran economist and gold advocate Peter Schiff is making waves again with his sharp critique of Bitcoin, warning that the only realistic way for BTC bulls to “get bailed out” is through a taxpayer-funded rescue, a scenario he deems highly unlikely.

Schiff is again warning that holders of the digital currency are in for a grim awakening — and an unlikely Bitcoin price rally is their only hope. He notes that Bitcoin can only hit a new all-time high if the U.S. government steps in and buys massive amounts of it for its strategic reserve — a move he believes is highly unlikely.

Such a move, Schiff argues, would effectively amount to a taxpayer-backed bailout of crypto speculators — rewarding excessive risk-taking, inflating what he views as an unstable asset, and funneling government money into a market he believes lacks intrinsic value.

Schiff suffers from Crypto/Bitcoin Derangement Syndrome. Much of his credibility rides on if and when Bitcoin goes down and he gets emotional about it which is unhealthy. He posts about Bitcoin constantly on X and is easy to rattle. I've gotten him to reply to me personally more than once over there, of course trolling Peter Schiff is like shooting fish in a barrel. Much of his anger is because realizes how much he could have made had he invested only a small amount in Bitcoin back when he first began screaming about it. I'm not buying any Bitcoin for a while, I've shifted to TAO Bittensor in both crypto and its stock TAOX TAO Synergies. GROK is positive about its potential since it's considered the Bitcoin of the AI world.

 

[Mark K]

Given the weakness in the market lately, I am thinking of keeping the powder dry until the new year begins and the shakeout runs its course.

Trying to time the market is usually not a good idea. Get in, stay in is usually the best course of action.

If the market's weak, now would be a good time to get in. But then, I've always been a contrarian; its worked for me. When people are heading for the door, I'm running in.

 

[Charles West]

Trying to time the market is usually not a good idea. Get in, stay in is usually the best course of action.

If the market's weak, now would be a good time to get in. But then, I've always been a contrarian; its worked for me. When people are heading for the door, I'm running in.

It is more of my lack of savvy than anything else. My learning curve is steep, my comfort level is low, hence I am chicken chit.