03-12-2019, 04:50 AM
Sounds like preferred stock.
https://www.investopedia.com/terms/p/preferredstock.asp
In general yes they are safe to invest in but be sure to understand how this specific one works, if it's callable or convertible etc. Always know what you are getting yourself into.
https://www.investopedia.com/terms/p/preferredstock.asp
In general yes they are safe to invest in but be sure to understand how this specific one works, if it's callable or convertible etc. Always know what you are getting yourself into.