Preferred Stock Investing

Description

This latest edition of Preferred Stock Investing shows you how to screen, buy and sell the highest quality preferred stocks to earn above average dividend income while creating multiple downstream capital gain opportunities. Income investors already know about Doug K. Le Du's widely published preferred stock research articles and newsletters. Doug writes in plain English for non-experts. And now his latest preferred stock research is available in Preferred Stock Investing. This completely updated edition includes Doug's latest research and updated charts and examples using real preferred stocks. This edition has been completely re-written to focus on the buying conditions that we will be facing over the next two years. Preferred Stock Investing starts at the beginning, explaining what preferred stocks are, the three different types and the pros and cons of investing in them versus common stocks, bonds or bank Certificates of Deposits. From there, Preferred Stock Investing uses actual preferred stocks to show you how to screen, buy and sell the highest quality issues. Also, through the book's website readers of Preferred Stock Investing are supported by a wealth of continuously updated resources, including a free monthly preferred stock research newsletter. Preferred Stock Investing lists all qualifying preferred stocks that have been issued since January 2001 and shows you the actual results that you would have had by following the preferred stock investing method described throughout the book. The information presented within Preferred Stock Investing makes it very clear that the highest quality preferred stocks represent one of the best investment opportunities for individual investors. Review: My 40-year journey of stock investing is over. As foolproof as it gets. Buy it. - 40 years ago, when I was 16, I found the cornerstone book on Dow Theory in my local library - Technical Analysis of Stock Trends by John Magee. I was hooked. I manually charted stocks on semi-log paper (purchased from Magee's company). Way before PCs, laughable today. I have read 100s of books on stock investing since then always getting the sense I was missing something. I felt someone was withholding a key piece of information. The insiders revealed ALMOST everything. I made money. I lost money. My entry into preferred stocks came from recommendations from the outstanding income investor, Richard Lehmann, a contributor to Forbes. My timing was somewhat lucky - I did well. As I learned more, Preferreds seemed "simple" to me. You could hit one stand-up double after another and it didn't require a Phd in Math or Economics. I moved some money in my brokerage account once triggering phone calls to me by the broker. I mentioned my "luck" with preferreds. The broker said, "Oh yeah, it's easy to make money in preferreds." I thought but did not say, "Well, you son-of-a-bitch, why didn't you call me and help me with that 20 years ago?" I then asked him if he was my fiduciary and the conversation came to a grinding halt. I had to learn more on Preferreds. Le Du's book filled in the blanks for me and systematized my thinking. It's not a tough subject or tough reading. But Le Du's organized mind "gets it all down on paper." It is in fact a template for making AT LEAST 6 percent at very low risk - and much more if you apply Le Du's teachings. I have read other reviews saying the book is nothing but an advertisement for the website. Guess what, the website is an extremely valuable tool. Getting automated notices of Preferred IPOs - which I have now used several times - is worth the price. Not to mention the very complete search tools. To the best of my knowledge, Le Du's book and website are the only products out there that address this little discussed subject so well. Richard Lehmann loves Preferreds and so you should to. Le Du explains the easy to understand details extremely well. Review: Really loved it! - Excellent!!!! Eye Opening!