Preferred and High-Yield Stocks
Updated 4/29/2024
Total Return: Income and Price
Change
April 29, 2024 Income
PrChg.pdf
This six-page update contrasts income returns and unrealized returns from
price change over seventeen quarters. It also shows our dramatic
increase in allocation to income.
Showing Income Separately from Price
Variation on Total Returns
January 29, 2024 Low
Risk High Yields.pdf
This seven-page paper not only shows income results over
the past three years, but has charts showing the comparison of income
results to price-alone results. The picture is dramatic. I've
never seen charts before that contrast income and only price. The paper
gives background on reasons why we have shifted so heavily to high-income
and away from endeavors to do better than the overall market, or even ride
the market.
Business Processes for Buying
and Managing Preferred and Other High-Dividend Stocks
July 15, 2023
High Dividend Investment Process.pdf
Ever wonder what information to use in picking preferred
stocks? Ever wonder how to organize that information into a selection and
management process? This brief paper provides details, including fields
and Excel formulas, on how I go about selecting, buying and then managing
high-dividend portfolios. Of course if you don't want to do it yourself,
this gives a picture of what you might be paying me to do...
Considerations in Allocating Between Fixed Income and Price
Appreciation
March
31, 2023
Comparing Yields and Gains.pdf
How should one balance fixed income and preferred stocks
against investments for price appreciation? How does one calculate
strictly income returns in order to properly compare them to returns from price
appreciation strategies based on market valuations?
Feedback is invited.
Transcript of AAII presentation 2-18-2021
A presentation to the Twin Cities Chapter of AAII (American Association
of Individual Investors) went awry when as presenter I couldn't get on the
Zoom platform, and then couldn't load my visuals from which I planned to
give my presentation. I did give a presentation however, an edited
transcript of which is below.
Preferreds AAII
Talk.pdf
Files for Investment Groups, January 2121
1. For a chance to review locked-in results before going to all the work and
risk of creating a preferred portfolio review the Performance Summary for Yield-on-Cost and Yield-to-Call. The Client
Letter for Fourth Quarter 2020 provides further elaboration.
Client Letter 2020-Q4.pdf
2. Some of this is redundant I know, but sometimes coming at things
from another angle helps put the pieces together.
Letter on
preferreds to former clients.pdf
Preferreds.pdf
3. Doug Le Du's ten criteria in CDx3 for selecting preferred stocks
Compliance
Criteria.pdf
I'd be glad to walk through these individually on Zoom or discuss on the
phone. I'd also be glad to show you a recent buy list on
Zoom and interpret the criteria used for various risk and tax profiles. It
is easier to create a buy list if you know what it should look like when you get
there.
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