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As of Dec. 17, the Standard & Poor’s 500-stock index had lost 13.1% from its Sept. 20 all-time high. That’s correction territory, typically defined as a decline of 10% or more from a peak, but still...
The 50% Club is littered with many battered companies ... a few of which may be worth buying
Investors often must accept a bit more risk to get more income out of their investments – often, but not always. Preferred stocks are one of a handful of high-yield exceptions to that norm.
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