I understand. However, I think the risk is overstated at the moment.
I will be making adjustments to my strategy but I think I have time to enjoy the fruits of my labours for a few more months (quarters?) before adjustments become necessary.
I have rotated into preferred shares before, and may do so again.
I may start slowly, perhaps as early as the beginning of next year.
Right now, however, I think the risk is manageable at this point in time.
What about you?
Are you taking any steps to manage risk?