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Optimal Finance Daily - Financial Independence and Money Advice

1891: Preferred vs Common Stocks: How Do They Differ by Amy Blacklock and Vicki Cook with Women Who Money

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 14 May 2022

⏱️ 13 minutes

🧾️ Download transcript

Summary

Amy Blacklock and Vicki Cook of Women Who Money talk about the difference between preferred and common stocks The co-founders of Women Who Money are Amy Blacklock from Life Zemplified and Vicki Cook, from Make Smarter Decisions. Vicki and Amy connected initially online and eventually met in person at a financial conference in the fall of 2017. They’ve both reached financial independence and left full-time work to devote more time to family, pursue passion projects, and embrace fun and challenging opportunities. They enjoy collaborating on original content and sharing great articles written by and for women. The original post is located here: https://womenwhomoney.com/preferred-vs-common-stock/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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1:00.4

This is Optimal Finance Daily episode 1891. Preferred versus common stocks. How do they differ?

1:07.4

Buy Amy Blacklock and Vicki Cook with WomenWhoMoney.com. And I'm your host and personal finance enthusiast, Diana Mariam.

1:17.4

Now we're going to get right to today's post as we optimize your life.

1:25.4

Preferred versus common stocks. How do they differ? Buy Amy Blacklock and Vicki Cook with WomenWhoMoney.com.

1:34.4

Many people in America have some basic knowledge about the stock market.

1:39.4

At the least they hear news about stock prices related to some of the world's largest entities.

1:45.4

At the same time, many people have very little knowledge of the availability of various classes of stock and the differences between them.

1:54.4

To keep things simple, the following information focuses on two types of corporate stocks, common and preferred.

2:02.4

We'll define both types of stock and highlight how they differ. Common stock.

2:09.4

Common stock is by far the most common type of stock. It's the kind of stock most individual investors buy and sell on the stock market through their investment accounts.

2:20.4

A share of common stock represents one share of ownership in the underlying corporation.

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