Wayne Christein

Smashwords book reviews by Wayne Christein

  • The Art & Science Of Preferred Dividend Investing on March 21, 2017

    Dr. Roberts' book is mandatory reading for any investor interested in obtaining a predicable and reliable stream of income. He clearly explains the unique characteristics of preferreds and emphasizes the reality that, absent a company getting into financial trouble in extremis, for those investors who do not have to sell their preferreds at any specific time, they will either continue to profit from the dividend income and/or ultimately receive the face value of the stock. He also does an outstanding job of explaining why the prices of these stocks do not fluctuate to the degree common stocks fluctuate. In summary, this book is a must read and should be considered the touchstone of primers regarding preferreds for any investor who is: 1. Interested in obtaining an almost guaranteed yield of between 6% and 10%. 2. Does not need to sell the stock to gain access to the principal. 3. Desires to safeguard capital and 4. Is willing to give up any significant upside.