A.I.M. Users Bulletin Board

[Toofuzzy]

Hi Bernie: Re HR

you wrote:
As you know I have been converting most of my HR cash reserve to HR-A which is their preferred stock that pays a nice 8.78% dividend. Yesterday HR announced that they are going to redeem the preferred stock.

I was going to write you would have been better off having the money in HR instead of the prefered as HR at the CURRENT dividend rate is paying 7.6% and it has gone up a lot as apposed to the prefered which hasn't.

Then I read your post again and realized you were using the prefered instead of a Money Market fund for AIMing.That was a neat idea.

I guess you could use some other REITS prefered stock. Bond funds (like ACG)wouldn't be as stable in price.

Toofuzzy

Take the road less traveled. It will make all the difference.