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(November Update:  With the potential increase in interest rates, do not buy.  Sell at breakeven if you own.)

I talked about SPFF last month.  SPFF holds preferred shares and pays 7.55%…..nice.

If you do not want to take the time to investigate and buy single issues, the diversification of SPFF is for you.

Just went ex-dividend and now is the time to buy or add to your positions….anyplace around $15.00.  It is possible you will see $14.85 and that would be a great buy.


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