A positive breakout in Preferred ETF (PFF) took place recently, suggested to pick it (see post here)
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Nice price action continues to take place after the purchase at (1). Was looking for some small appreciation along with collecting a nice dividend stream. This ETF is currently yielding over 7%. Keep in mind the dividend is to paid in the next few days and a small dip in the price should take place.
Game Plan…continue to own PFF with a 2% stop in place.
