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Alias Born | 10/08/2009 |
Friday, December 01, 2017 10:21:03 AM
Yes - the biggest perk is you get your money tied up for a decade with no income. Luckily inflation has been relatively low so you only lose 2 or 3 percent per year.
Ahh but if f&f get released... you get a 4 bagger in preferred. In the extremely unlikely case that some of the outstanding suits force f&f to pay the dividends that were skipped you get another double.
The real perk is if congress decides to wind down f&f you are more likely to get your money back with preferred.
What you really want to buy are the senior preferred shares!!! I'm still trying to find the stock symbol for those..._ #:^)
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