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Bonds Explained Simply | Presentation and Q&A with Michael Lebowitz

Wealthion - Be Financially Resilient

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Investing in Preferential Stocks

A preferred is sort of a hybrid it's an equity structure, but it looks like a bond. Most preferreds are issued at $25 and they're either callable or ultimately mature 25 summer perpetual,. But when we talked about the pecking order before bonds are first preferreds or second stocks are third. Now there's other things that go in between them too, but preferreds are kind of a unique asset that will trade with stocks at times will trade with bonds at times.

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