Its only $104 profit on $1500 but 7% is still better than most investments. I'll probably throw that money into ARK now as it pays a 9.5% dividend with some capital appreciation potential. Any other worthwhile ideas?
I did research on the companies and UBP is probably the best of them. Wachovia doesn't like REIT's at the moment though because of rising interest rates, high valuations, and excess supply. I often wonder if house prices are inflated so that states can get more property tax for them. I'll probably go with a combination of Calpine(CPN) and Merrill Lynch Senior Securities(ARK) as my next investments. That will give me a 4.76% return in dividends as well as a good chance for some hefty capital gains.