Sublime

The preferred ETFs, Invesco Preferred and iShares US Preferred, yield 5.8% and 6.1%, respectively, and trade roughly at their “par” value, which means we’re paying $1 for $1 in preferred shares. Meanwhile, Nuveen Preferred & Income Securities Fund (JPS), a CEF, yields more (7.5%) and trades for just 96 cents on the dollar! Plus, it has the bene

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But our goal here is to show that for those of you planning to live off your investments in whole or in part, you can have more income, live better than you thought, and maintain your principal. You won’t see it at the big shops like Merrill Lynch, Wells Fargo, Morgan Stanley, or JPMorgan Chase, not because they don’t know what you’ve just read, bu

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