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Income Investing and Beyond
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Buys Today Bought some LSE-B, new Preferred from CapLease, Yield approx 8.3%, not Callable til 2017. Continues my purchases of various Preferred spreads from 6% to 8% yield. Also bought PFN, Pimco CEF, yield 7.8%. In this era of low rates I continue to try and increase my portfolio income. Figure we are ok til sometime in 2014 when the Fed plans to revisit their zero interest rate environment. Hopefully. Orchid
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