1820: The Yield Shield: Preferred Shares by Wanderer of Millenial Revolution on Investing Strategies
Optimal Finance Daily - Financial Independence and Money Advice
00:00
Floaters and Fixed Rate Resets Will Do the Right Thing
i don't own any of these myself, since i'm not american and that wouldn't make sense. We currently have a 20 % allecation toward preferred shares. These are riskier assets than bonds. Bonds are tied to the government, while these are tied to a company. So if an individual company fails, its preferred r may go poof. How do these fit into my portfolio? When you retire, you basically take a portion of your bond allelecation and swap it for preferreds.
Play episode from 05:43
Transcript
