Wall Street’s Best Dividend Stocks Daily Alert: Buy (DFS-B)

This high yield preferred stock from a major financial services company is suitable for medium- risk portfolios. Discover Financial Services (DFS-B) from Forbes/Lehmann Income Securities Investor Discover Financial Services, 6.50%; Series B; Par $25.00; Current Yield 5.94%; Exchange NYSE; Rated Ba3/BB-; Call 12/001/2017 @$25.00; Yield to 3.24%;...
Read More

Fannie, Freddie and America’s Debt Load

In my mind, just as the failure of the sub-prime market triggered the collapse of the housing industry, the collapse of the housing industry will trigger the deflation of our debt bubble. Eventually, if all goes well, the end result will be a debt...
Read More