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Suddenly, Amazon Doesn't Love Its Moms Anymore"While I continue to avoid bank stocks and bank ETFs , I very much continue to recommend that you buy and own plenty of nicely high-yielding bank preferreds and bank minibonds for your retirement investing," says Neil George.
In his income-focused Stocks that Pay You, the advisors reviews his favorites among these lesser-known investment vehicles.
"Why invest in banks at all? Because -- as they continue to clean up and bolster their balance sheets -- banks are getting even better credit risks, which means that you'll be even more likely to get paid your high-yield dividends and interest payments.
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