AGM - 2 Preferred Stocks To Buy And Hold Forever

2024-07-16 07:35:00 ET

Summary

• 6-7% yields, QDI, and strong coverage, I plan to own these picks forever.
• Today's investors are mostly traders due to their extremely short holding periods.
• I collect income from low-stress securities to make my portfolio management easier.

Co-authored by Treading Softly.

Investors today have a much shorter holding in the history of the financial markets. There are many things encouraging someone to be a momentum or swing trader: someone who does not hold for long periods and rapidly buys or sells based on the emotions of the moment, or the fears that govern their concerns about capital preservation. Most brokers offer commission-free trades, and those bright-green or bright red colors next to your holdings evoke emotions. Turn on the TV and talking heads will be screaming BUY!, SELL! JUST DO SOMETHING! In modern times, there appears to be a perception that investing in a company for a year or two is a “long time.”...

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