Co-produced with Beyond Saving
When the market crashed, one of the first things we focused on buying were preferred shares. Our goals at "High Dividend Opportunities" are unsurprisingly dividend centric. We want to assure a high level of recurring income.
In March, there was a lot of uncertainty. Businesses were shutting down, and nobody knew for how long. What would rent collection look like? Would the government step in with stimulus? Will the economy recover quickly or will we have a prolonged recession?
By mid March, everything was selling off, including preferred shares. To us,