2024-02-13 07:35:00 ET
Summary
- Preferred securities offer much-needed income safety and portfolio stability.
- The 30-year U.S. preferred stock default rate is notably low, even in the face of occasional negative incidents.
- Diversification serves as a strategic defense against uncertainties and unknown variables in the market.
- Two monthly-pay funds with up to 9.6% yields, offering a potential path to a stress-free retirement.
Co-authored with “Hidden Opportunities”
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Retire With 'Preferred' Funds And Lower-Risk Recurrent Income