How to Choose the Right Bank Preferential Stocks

The key here is to make sure that the company issuing their preferred is solid. The preferreds that are most interesting as well as dangerous right now are bank preferred stocks. Just like all stocks, not all preferred stocks are good. It's absolutely possible that while I've been earning five and a half percent or more on many of these preferred stocks that I own they will all go back up to par maybe a little bit above par.