Anyone looking for “income” in today’s low interest rate environment is truly challenged.
5-year yield…. 1.47%
10- year yield…2.70%
T-Bills…..do you really want to know?
On 7/23 a breakout was taking place in PFF, the preferred income ETF that is yielding 7.79% (according to yahoo finance).
Since the breakout, PFF has increased over 3% in value, not including the dividend.
Joe says..Let the Power of the Pattern be your friend…it could be to your best “interest!”
Below was the call to pick up PFF…