I’m going to sell these preferred shares out of Jubak’s Picks as of October 7. They’ve given me what I wanted—a good return and safety– while the market and economy were at their shakiest. But the reward for staying on board going forward is limited to the yield, about 7.2% at the moment—and I think I can do better while taking on only slightly more risk by moving from these preferred shares to the common stock of insurer W.R. Berkley. I’ll be buying those shares today; see my post below.
I have a 17.5% gain—21.6% total return with dividends—on these preferred shares since I added them to Jubak’s Picks on February 17, 2009. For the most recent report on the performance of the entire Jubak’s Picks portfolio follow this link https://jubakpicks.com/jubaks-picks-performance-3rd-quarter-up-8-4-ytd-16-7  (Full disclosure: I will sell W.R. Berkley Capital Trust Preferred out of my personal portfolio three days after this is posted.)
WHY IS THERE NO LINK TO ALL OF YOUR BUY AND SELLS??????
THANK YOU
why would this not be an ideal pick for the dividend portfolio?