Post by
CrazyTrader on Aug 16, 2023 1:18pm
Two Completely Different Worlds (Prefers).
Perpetual vs Reset Preferreds. In times of rapid changing interest rates, you have to be careful which prefers you buy.
In times of rising interest rates, Reset Prefers are the way to go.
In times of falling interest rates, Perpetuals are the way to go.
I don't know what the Prefer ETFs hold, as such I decided to go with individual Prefers, in particular BPO prefers. They are yielding around 10 or 11% and will most likely reset higher.
All just my opinion/view/thinking/doing