No. of Recommendations: 4
Any good baskets for buying preferreds to discuss or review?

I've been pondering this question as well. At this time, my opinion is that preferreds are not a good fit for a cheap unmanaged ETF. I'm thinking that buying a basket of preferreds individually picked by one's self (requiring time and research) or paying up for a CEF that has professionals doing the picking (and perhaps using leverage and other tools) might be the correct approach. Cohen & Steers Select Preferred and Income Fund, ticker PSF seems to me like it might be worth taking a look at, but at this time I'm leaning toward picking my own individual preferreds.

Jim
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.