Rate-Reset Preferred: Could Big Sell-Off Mean An Opportunity?

It wasn’t that long ago that fixed-income allocations of retirees’ portfolios could be dominated by GICs and Canada Savings Bonds, safe instruments that provided decent returns. But in these days of low interest rates and yields, those fixed-income alternatives don’t provide an income at all when you factor in inflation. This is why non-traditional income products have become very popular and, as such, many people have been drawn to the idea of investing in rate-reset...