BDHPlayer

Making Capital Gains, Or Getting 12% Dividends with ING Cumulative Preferred Shares

I have a 4.5% 5 year arm with ING. Their margin on this business right now has to be hugh. The risk is how much the Fed increases interest rates over the next 2 years.

Bank and Broker Default Risk

What I find interesting about these numbers is that BCS and ING have lower CDS rices thatn JP Morgan. If you look at the preferred stocks of these companies, they are yielding in the area of 40% per year.

Which market is right?