Secure A Safe Double-Digit Fixed Income Return

Summary

  • Share prices of preferred stock and baby bonds have dropped significantly YTD.
  • Current opportunities in fixed income securities have not been available for over a decade.
  • Securities with a reset rate or a fixed-to-floating rate are particularly attractive.
  • Several securities that I am actively accumulating are presented in this article.

The word bonds on wooden cubes with office desktop. Business finance stock exchange

cagkansayin

Introduction

Global central bankers as well as our own Federal Reserve have been aggressively pushing up short-term interest rates and implementing tight money policies (Quantitative Tightening in the US) to push inflation back down towards their respective targets (~2% in the US). These tight

EXCEL Spreadsheet of Preferred Shares and Baby Bonds

Bond/Preferred Ladder (Author)

This article was written by

Dirk Leach  Bachelor of Science in Nuclear Engineering from University of Michigan (Summa Cum Laude)  Master of Science in Environmental Engineering from Washington State University  Executive MBA Program at Stanford University  41 year career in nuclear engineering, nuclear facility construction, US government contracting, DOE weapons complex, DOD contingency response and forward operating base design and construction.  Avid investor for more than 40 years, most of that time with the Vanguard Group. ***************************************************************************************************Carole Leach  Bachelor of Science Mechanical Engineering from Carnegie-Mellon University  Master of Science in Environmental Engineering from Washington State University  35 year career spanning the areas of commercial nuclear power engineering services, nuclear waste clean-up engineering, management, and technical consulting with a focus on safety.

Disclosure: I/we have a beneficial long position in the shares of ALL.PB, ENBA, ET.PC, ET.PD, WFC.PQ, AGNCM, RITM.PB, AEL.PB, SCCC, SCCE, RILYZ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: Disclaimer: This article is intended to provide my opinion to interested readers and to serve as a vehicle to generate informed discussion in the comment postings. I have no knowledge of individual investor circumstances, goals, portfolio concentration, or diversification. Readers are strongly encouraged to complete their own due diligence on any stock, bond, fund, or other investment mentioned in this article before making their own investments.

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