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Many preferred issues don’t rise above junk (access required)

DEAR MR. BERKO: I want to invest $51,000 in high-yield preferred stocks (I can afford some risks) and need to get as close to 11 percent as possible. A friend of mine recently invested $38,000 in preferred stocks and recommended ...

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BDC investment opportunities open to anyone (access required)

More than a dozen readers have recently asked me to explain how a business development company functions and requested recommendations. Here are your answers. DEAR READERS: Business development companies, like venture capital funds and private equity funds, give investors the ...

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