AGNC Investment Corp (AGNC)

[bar1080]

I've owned preferreds, but years ago. They'll get killed in a rising rate environment. In bankruptcy they often don't fare as well as people think they will.

I do own lots of bonds, both corp and muni and they've both done very well, of course with prevailing rates so low. But they will certainly suffer in a time of rising rates and inflation. I remember when the prime rate went to 21% in 1980!

Overall it's hard to beat a simple S&P 500 index fund. That's been the core of my investments since about 1980. And I do have cash in money market funds, not the best place in the past decade.

Getting to be time for bed. GL