Dividends4Life: Sell in May, Then Buy Preferreds

Dividend Growth Stocks News

Sell in May, Then Buy Preferreds

Posted by D4L | Tuesday, May 14, 2013 | | 0 comments »

The dreaded aphorism that we should bail on stocks in May and not return until November doesn’t sit well with this long-term diversified portfolio aficionado. Still, there are some folks out there who think it’s a good idea. Or maybe they’re just scared. And yet, that little voice inside tells them they should have some kind of exposure. After all, perhaps they need some fixed income. That’s why I think, if you’re going to sell some of your portfolio, redeploy that capital into preferred stocks.

First, let’s review what these securities are all about. Preferred stocks are often referred to as “stock-bond hybrids,” as they share characteristics of both types of vehicles. Here are some of the preferreds worth looking at: Ashford 9% Series E, HSBC 6.36% Series B, Public Storage 6.875% Series O, JPMorgan Chase 7% Series J and Duke Energy 6.4% Series K.

Source: InvestorPlace

Related Articles:
- 9 High-Yielding Mega-Cap Stocks
- Best Stocks for 2013
- Dividend Investors Should Focus On Stocks, Not The Market
- The Secret Ingredient of Dividend Growth Stocks
- 9 High-Yield Stocks With A Low Price To Book

________________________________________________________________

0 comments

Post a Comment

Note: Only a member of this blog may post a comment.