June 18, 2020

Markets were not much changed on Thursday with the S&P 500 up 0.1% and Toronto up 0.3%.

Shopify had another strong day rising 5.9%.

I added some updated comments in the stock table on the Subscriber home page. For the preferrred shares I added the amount that each is paying out. Rate reset preferred shares have continued to dissapoint as interest rates have, for many years) continued to return to new lows each time they appeared to be on the rise. The table includes one perpetual preferred which will do well if interest rates stay very low. If holding preferred shares it might be wise to have a mix of perpetuals and rate resets.

 

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