I have some preferred stock. I buy them for income. Most have done pretty well. Somebody on here made a very strong case against preferred stock a while back that convinced me I should lighten up on that asset class, but so far I have not.
Issues I own. HCAPL, WFC.PT (biggest holding) , MWR, THGA, AGM.PB, STI.PE, NM.PH (my one dog), JPM.PB