Where does the Goldman Sachs money go??
"Wayne.B" wrote in message
...
On Mon, 26 Apr 2010 13:40:43 -0700, "Bill McKee"
wrote:
I was just looking for the shares with the most volatility
The preferred stock fit that bill.
Preferred's all over the board are being hit. As the interest rates may
be
suspect.
Preferreds and long bonds will both take a big hit when (not if)
interest rates start to rise. Convertible preferreds offer more
protection on the downside if the underlying common is solid.
Yeah, you really have to be careful with bonds, as you said. If you're in
your 50s/60s, you should still be significantly in stocks (not individual
stocks unless you're able to take the time to really check out companies ala
Warren Buffet style).
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Nom=de=Plume
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