Bendable Not Breakable | Your Guide To Locking In Juicy Yields Part III | Preferreds

Summary

• Higher rates have beaten down preferred securities- a hybrid security sitting between stocks and bonds.

• Most preferreds are priced well under par giving you the current yield plus upside potential from the price moving back towards par (not assured).

• If our thesis plays out, interest rates will fall next year causing these securities to rebound in …