JZK Ring. Ring. Buy Sprint. Paying 7%

July 9, 2013

SPY:  1652.00

JZK is the symbol for buying Sprint Nextel Corporation third party trust preferreds.  This is an excellent….excellent low risk opportunity to get almost 7% and you can plan on holding this for years and years.  Wow what an easy way to earn a relatively high yield.

I would suggest up to 2% of the portfolio.  Try to get at $25.00 or less.  Essentially these are preferred stocks issued by a banker and backed by a single long bond.

Look at it this way:  you can get Sprint to pay part of your phone bill!!!!!!!!!

(Click Here For Another Suggestion)

Go to “HOME” (top of page) and scroll down for all posts.  This blog discusses dividend paying investments that I find appropriate for myself…..and for investors seeking dividends and income.  I am not an investment professional.  You must do your own research before buying any position.  All gains or losses that you realize are based on your choices.


3 comments on “JZK Ring. Ring. Buy Sprint. Paying 7%

  1. […] Individual Corporate Bonds:  A buy if you can find good quality with decent yields but you have to hold to maturity. (Click here for new recommendation.) […]

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