Main St. Finance
Main St. Finance
Alex From Main St. Finance
54 - Preferred Stock
9 minutes Posted Apr 27, 2021 at 6:15 am.
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Today we talk about another way that you can be a partial owner of a company. Shares of preferred stock are not quite equity, and not quite bonds, but are they really a Goldilocks  middle-ground between the two? Preferred shares have characteristics of both bonds and common stock, but most importantly; they are an additional asset class that can be held to further diversify your portfolio while providing an income.

 

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