Back to main  A Contractually Obligated Dividend  6/20/2013
10:03:00 AM By: Wyatt Investment Research Referenced
Stocks:JPS;PFF  Editor's Note: Today I invited my colleague and
contributing editor Steve Mauzy to share once of his favorite
investment ideas in this issue of Income & Prosperity. For those
of you unfamiliar with Steve's work, he's a top income investing
expert and analyst at my High Yield Wealth investment
newsletter.  If you're willing to venture a little out of your
traditional income investor "comfort zone," you can achieve
something that sounds impossible.  You can lower your risk,
diversify your income, AND still collect healthy yields of over
7% a year.  If that sounds good to you, consider preferred
stocks - hybrid securities that have characteristics of both
stocks and bonds.   You might have heard of these investments
before, and perhaps thought you need a fortune to invest in them
- or that they're too complicated.  But neither of these
concerns is true.  Preferred stocks are like commo