Q: Hello Team
Could you please give me you opinion on DC.PR.E should I keep holding or sell, it represents about 3% in my overall portfolio. And if I should sell, it seems to be thinly traded how do I get rid of it with out having to sell 50 or a 100 shares at a time. I am down about 35% on this security.
Q: The Dundee preferred shares, at 11% yield and with a reset date of Sept 30, 2019 at govt 5 year plus 4.1% look interesting. Do you feel this company is at risk of going broke?
Q: Purchased several years ago at $25. plus, I am now looking at a pref. that trades around $14.
Current yield is just short of 10%.
In your opinion Is it time to double down and enjoy more of the juicy yield or bow out and lick my wounds?
The position makes up less than 5% of my portfolio and is my only preferred share holding.
Should you think it prudent to sell this security, would you please suggest an alternative.
I am 70 and comfortably retired.
Dave