Q: Hello:
I have some cash in my portfolio
I am thinking of putting some money into the BMP ETF ZPR
which is the laddered preferred share index EFT
With the threat of looming increase of interest rate which
will decrease the value of bonds, what would happen to
the value of prefer shares ?
I am thinking of putting the money for long term to generate
a steady source of income
Thanks!
Michael
I have some cash in my portfolio
I am thinking of putting some money into the BMP ETF ZPR
which is the laddered preferred share index EFT
With the threat of looming increase of interest rate which
will decrease the value of bonds, what would happen to
the value of prefer shares ?
I am thinking of putting the money for long term to generate
a steady source of income
Thanks!
Michael