Q: Hello,
Can you please share your thoughts on preferred shares in a portfolio for a retail investor. I looked into it a few years ago and it seemed to me that the risk/return is not stellar. If interest rate goes down you will likely be redeemed and if interest rate goes up your capital will erode. Was I on the right track ? Thank you for your time and great service.
Can you please share your thoughts on preferred shares in a portfolio for a retail investor. I looked into it a few years ago and it seemed to me that the risk/return is not stellar. If interest rate goes down you will likely be redeemed and if interest rate goes up your capital will erode. Was I on the right track ? Thank you for your time and great service.