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Since the Great Recession, many investors' portfolios have been a tale of feast and famine. Stocks have racked up hefty gains, while the lowest interest rates in a generation have meant paltry returns...
Exchange-traded funds that own preferred stocks and steady-Eddie telecoms and utilities can provide safe and reliable payouts.
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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