TWO - Two Harbors Preferred Stock: Locking In 7.25%+ Yields For 8 Years
Co-produced with Beyond Saving and Treading Softly for High Dividend Opportunities
At High Dividend Opportunities, we started the year targeting fixed-income opportunities. In January of this year, preferred shares, bonds, and CEFs were trading at unreasonable discounts providing us with a wealth of opportunities.
While the market panicked, our problem was that there were more opportunities than our time and cash allowed us to capitalize on. The market has come around to agree with our perspective that interest rates would be heading lower and most of our preferred picks have rebounded significantly. While the