On a chilly winter morning, January 3, 2023, I shared my insights on the investment potential of two preferred stock offerings from Merchants Bank of Indiana (MBIN). At the time, the bank boasted a quartet of preferred stock issues, with MBINP being two of them. As a disclosure, I must reveal that I have a vested interest in MBINO through various means, including stock ownership, options, or derivatives.
This article is a reflection of my personal opinions, crafted independently without any external compensation. I do not have any business affiliations with the companies mentioned in this piece. It is essential to note that this article should not be construed as investment advice. Instead, it aims to spark informed discussions and provide a platform for readers to share their thoughts.
Before making any investment decisions, readers are urged to conduct their own thorough research on any stock, bond, fund, or investment vehicle mentioned in this article. It is crucial to consider individual circumstances, goals, portfolio concentration, and diversification before investing. Past performance is not a guarantee of future success, and no recommendations or advice are being offered on the suitability of any investment for a particular individual. The views expressed in this article are solely those of the author and may not reflect the opinions of the platform as a whole.
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