The markets have closed and the August edition of PrefLetter is now being prepared.
PrefLetter is the monthly newsletter recommending individual issues of preferred shares to subscribers. There is at least one recommendation from every major type of preferred share with investment-grade constituents. The recommendations are taylored for “buy-and-hold” investors.
The August edition will contain two short appendices: one concluding the discussion of yield that commenced last month, with a review of how well the various measures and assumptions differ in their ability to predict future performance; and another discussing Yellow Media and the recent cataclysm that has befallen its preferred shares.
Those taking an annual subscription to PrefLetter receive a discount on viewing of my seminars.
PrefLetter is now available to all residents of Canada.
The August issue will be eMailed to clients and available for single-issue purchase with immediate delivery prior to the opening bell on Monday. I will write another post when the new issue has been uploaded to the server … so watch this space carefully if you intend to order “Next Issue” or “Previous Issue”! Until then, the “Next Issue” is the August issue.