No. of Recommendations: 2
I bought some COF L yesterday
Yahoo Finance: Capital One Financial Corporation (COF-PL) Stock Price, News, Quote & HistoryAround 7.46% yield
I bought it in taxable account as their dividends are treated as qualified dividend. I feel even though capital one has much more cyclical business than BAC or other, but very solid company and solid finances.
I also have lot of PSA preferred cumulative one (yielding at 7.15% currently but I bought at like 6.9 - 7% yield) - ira account. PSA has more stable business and predictable cash flow - and cumulative. So liked it.
Separately, anyone buying TIPS? from chatgpt
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Current real yields are approximately:
- Five-year TIPS: 2.72%
- Ten-year TIPS: 2.91%
- Twenty-year TIPS: 3.15%
- Thirty-year TIPS: 3.29%
These are inflation-adjusted Treasury returns. A ten-year TIPS bought around a 2.9% real yield should deliver roughly inflation plus 2.9% if held to maturity
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I have purchased TIPS and long term treasuries also but not sure it is a good idea anymore given how fast yields are going up and prices dropping. I had no exposure to bond, so wanted to get in. Probably should have waited little longer.
