Main St. Finance is here to take personal finance and Wall Street investing and break it down to its basics so that all people can achieve an advanced understanding of the American financial system. You can then use that knowledge to better take control of your finances to manage budgeting, taxes, investments, retirement, and more.
Episodes
Tuesday Apr 27, 2021
Tuesday Apr 27, 2021
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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