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re: Passive Income for Young Investor
Posted on 6/10/21 at 2:40 pm to Abstract Queso Dip
Posted on 6/10/21 at 2:40 pm to Abstract Queso Dip
quote:
Preferred stocks of quality big banks that pay a qualified dividend
Most high quality preferreds are selling at par or above.
1
Posted on 6/10/21 at 4:25 pm to unclejhim
I kinda figured that, but not every preferred shares are the same. Some aren't callable until a certain date so even at a premium they might still be decent investment just have to figure the YTC. I'm not in the fixed income world anymore so I don't have access to all the goods on info.
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