As fearful investors have settled for lower yields to reduce risk in recent months, they've poured more than $293 billion into bond funds in teh 12-month period preceding September of 2019. However, in their flight from stocks, many investors are overlooking a practical alternative to bonds that typically pays higher yields: preferred stocks.
Sheaff Brock Chief Investment Officer Dave Gilreath explains the potential advantages of preferreds—better yields and reduction of risk from both common stock and bond holdings. Read more here. Comments are closed.
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AuthorSheaff Brock provides investment advisory services to high net worth clients. Archives
November 2020
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