The December, 2008, edition of PrefLetter has been released and is now available for purchase as the “Previous edition”. Those who subscribe for a full year receive the “Previous edition” as a bonus.
Until further notice, the “Previous Edition” will refer to the December, 2008, issue, while the “Next Edition” will be the January, 2009, issue, scheduled to be prepared as of the close January 9 and eMailed to subscribers prior to market-opening on January 12.
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!
Note: There have been scattered complaints regarding inability to open PrefLetter in Acrobat Reader, despite my practice of including myself on the subscription list and immediately checking the copy received. I have had the occasional difficulty reading US Government documents, which I was able to resolve by downloading and installing the latest version of Adobe Reader. Should you have a similar problem, I will:
- eMail you another copy
- place it on a website for download without eMail
- try to get it to you as an image file
- Fax you a copy
- Mail the damn thing!
Also, note that so far, all complaints have been from users of Yahoo Mail. Try saving it to disk first, before attempting to open it.
Note, 2008-12-25: In the discussion of one of the recommendations, I referred to PWF.PR.E with a typographical error on the dividend rate. The correct rate is $1.375 p.a. This did not affect the analysis. The Assiduous Reader who brought this to my attention has had his subscription extended by one issue.