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Friday, January 06, 2012 2:27:43 PM
I have a few BAC_PRW.
http://financials.morningstar.com/preferred/quote.html?t=BACPRW
Gain diversity as soon as you can. If you are putting all of your eggs in one basket, watch the basket.
Mutual Funds and Bonds might be boring, but preservation of your capital is imperative. Even diversify your Mutual Funds, and keep some of your money out entirely. They won't.
Think of yourself as a fiduciary. You have a responsibility to your stakeholders, ie. the family.
http://financials.morningstar.com/preferred/quote.html?t=BACPRW
Gain diversity as soon as you can. If you are putting all of your eggs in one basket, watch the basket.
Mutual Funds and Bonds might be boring, but preservation of your capital is imperative. Even diversify your Mutual Funds, and keep some of your money out entirely. They won't.
Think of yourself as a fiduciary. You have a responsibility to your stakeholders, ie. the family.
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