Main St. Finance

54 - Preferred Stock

April 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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