The update to the October, 2008, edition of PrefLetter has been released. This update was announced with the release of the October, 2008 edition, and was felt to be necessary due to extreme market instability on October 10.
The update has been appended to the October edition; those purchasing (or receiving as a bonus) the October edition will find the update at the end of the document.
Until further notice, the “Previous Edition” will refer to the updated October, 2008, issue, while the “Next Edition” will be the November, 2008, issue, scheduled to be prepared as of the close November 14 and eMailed to subscribers prior to market-opening on November 17.
PrefLetter is intended for long term investors seeking issues to buy-and-hold. At least one recommendation from each of the major preferred share sectors is included and discussed.
Note: PrefLetter, being delivered to clients as a large attachment by eMail, sometimes runs afoul of spam filters. If you have not received your copy within fifteen minutes of a release notice such as this one, please double check your (company’s) spam filtering policy and your spam repository. If it’s not there, contact me and I’ll get you your copy … somehow!