Annuity Preferred Stock.
Josh Melberg discusses preferred stock and how these preferred stock work. The reason why retirees own preferred stock because they are looking for a consistent income over many years. Many people have dividend paying stocks and something happens to the company there is no guarantee that the money that they need to live on will be there when they need it the most. A Preferred stock is an income vehicle that retirees choose because they are looking for that preferred income and not so much that preferred growth. Josh share ways to look at these portfolios and the pros and cons of each. To learn more about preferred stocks portfolios watch the rest of this video and many more at www.annuitynational.com with Joshua Mellberg.
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