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What are the advantages to owning each type of stock(common & preferred). When owning preferred stock you are guaranteed dividends if the company declares them. Do you also receive the capital gains if the stock appreciates. If so why would you buy common stock, just for the voting rights. Any help is appreciated.
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There is a good discussion of common and preferred stock at: www.actiodirect.com/stocks.html
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Sorry, my previous post left out a"n" in the url.
should read: www.actiondirect.com/stocks.html
That is if I did not type something wrong again!
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