cranky old investor

6 Risky-But-Worth-It Bets - Barron's

if i were a betting man, i'd say that the safer bet on felcor - fch - is the preferred shares; if the common is solid, then the preferred, yielding in excess of 9.5 percent and selling at a whopping discount to call or par, is a safer way to earn above-average returns with below average risk