Bought NBG preferred shares today.

Today I spent $700 buying 140 preferred shares of NBG for $5 each, some money I am ready to loose.

If(when) Greece goes bankrupt and the ECB lets the greek banks default as well this shares are worthless. However if NBG is being rescued, merged, bought, partially nationalized this will pay $1.40 per year.

 

140 preferred shares of NBG Will pay 140*2.25, about 300 a year. But only if...