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Magal Security Systems Ltd. Message Board

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  • pinkneygirl pinkneygirl Apr 29, 2004 10:24 PM Flag

    Re: LONGS AND SHORTS. PLEASE READ

    I am very happy with my HIGH dividend payers: fixed income stocks called MERpA (Merril Lynch Preferred A) and Pennsylvania Power and light which pay 9% and 7% respectively. But I wasn't happy with money being added to my account every quarter, I wanted to grow faster hence MAgs. If I had put more in these, I would be a couple thousand ahead now.
    So yes, one can buy and hold fixed income stocks and by them on line.
    Doesn't anyone else know about these? I have had them for over a year and they don't move more than one or two points and just pay, pay, pay. I have mo also which pays out like crazy!

 
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