Q. I like preferred stocks. Should I buy the Preferred fund such as PFF or individual preferred stocks?
A. Preferred stocks are between stocks and bonds. The best strategy you can consider is to build your core Preferred holdings in Preferred Stock ETF such as PFF which has more than 6% yield and more than 300 holdings.
For the rest of your money, you can buy new or recently issued preferred stocks at their $25 par value or close to it. New issues can't be called for 5 years.
A. Preferred stocks are between stocks and bonds. The best strategy you can consider is to build your core Preferred holdings in Preferred Stock ETF such as PFF which has more than 6% yield and more than 300 holdings.
For the rest of your money, you can buy new or recently issued preferred stocks at their $25 par value or close to it. New issues can't be called for 5 years.
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