https://www.chicagotribune.com/business/sns-201810301102--tms--savingsgctnzy-a20181030-20181030-story.htmlPreferred stocks combine elements of common stocks but are more like bonds. (Dreamstime)
Elliot Raphaelson, Tribune Content AgencyThe Savings Game
In many of my articles I have recommended a balanced portfolio, consisting of both common stocks and bonds, especially in or near retirement. In retirement, I have maintained a 50-50 ratio of stocks to bonds, in order to avoid significant fall in portfolio value during a bear market in stocks.