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I had some fun and made some money with preferred stocks during 2019. I bought a basket of them in January and February and sold nearly all of them in August through October, and one more recently.
Perhaps I should have sold the other one too. It is CBL-E, and they just suspended dividend payments on their preferred stocks.
Reflecting on my decisions about that case may help me generate clearer thought in the future. I’m OK with the outcome; I just don’t like my clarity of thought at the time.