Originally Posted by gooddog
A preferred ETF like PSK is good in times like these. Make more sense now?
No. Not at all.
Go to this link, set the slider to "one year", and then move it around. PSK almost always trails a 60/40 blend fund in total return.
If you have a crystal ball, you could probably find some single stock that will outperform that blend by miles. But lacking that, PSK looks like a very poor bet.