No. of Recommendations: 1
Five or ten years ago preferred stocks were excellent investments--especially while interest rates were declining.

Now with interest rates so low, many quality issues have been called and often they are priced at a premium over their call price. is an excellent source of information on them.

With interest rates starting to rise, you need to be very careful investing in preferred stocks.

I sold most of mine or they got called. I have not bought one in years.

Not recommended unless you have a very good reason.
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