How to buy the current citi "preferred" stock with a yield of 7%?
Answers: This website lets you search out prefd stock tickers:
http://www.quantumonline.com
For C all the stocks on this list that are C with a dash are Citi prefds C-S,V, etc
http://www.quantumonline.com/ParentCoSea...
I didn't look at them all but C-S,V,Z are all yielding over 7%
The newest one just announced?
http://biz.yahoo.com/bw/080117/200801170...
Citi Announces Conversion Price of $12.5 Billion Private Offering of 7% Convertible Preferred Stock
Notice that it's a private offering. That means you & I can't buy it...unless you're the emir of Dubai?
Will Bernanke lower interest rates one hundred basis point tomorrow?
what is he waiting for...what is wrong with this guy?Why does he follow the open market instead of lead it?
Answers: No. I'll be surprised if he lowers it 75 reason points tomorrow. Most likely it will solitary be 50 basis points/half a point.
The reduction takes a while, it's approaching trying to float on water or riding a bike if you over compensate for something it will transport you tumbling in the wrong direction and head to bigger problems. Better to play it safe when righting the ship.
The Fed's rates are not the cure-all for what ails the cutback. The mortgage bubble and CDO disasters will take time to work themselves out.
When the Feds cut rates what does this niggardly?also is this a accurate time to invest??
what would be the best thing to invest surrounded by??Answers: The "Fed" is the Federal Reserve Board. A board of governors who decide what the Federal Funds Rate will be. This is the overnight loan rate given to bank by the Federal Government. When the fed "cuts" rates...it lowers the Fed Funds Rate. (It not long cut it down to 3%.) Remember, money is a commodity. It is bought and sold too. The Fed controls this by controling the Fed Funds rate. Almost all interest rates will be artificial by the Fed Funds Rate...loan rates etc. And it also affects investments such as C.D.'s and bonds. When the Fed cuts rates, it is cheaper to borrow money BUT not as profitable to save surrounded by interest bearing investments (i.e.) C.D.'s, Bonds, Savings Accounts, etc. That's usually why the stock bazaar goes up within anticipation of and after a Fed Cut because bonds are not as attractive...and money flows into stocks. I hope this helps. Good luck!
they cut rates to stimulate the discount....
usually the fed screw it up......
stay with short permanent status bonds/cd's for a while...