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This is a book review from 'the intelligent investor' 

Keep 20% of your investments into bonds.

Know the differences between common and preferred stocks

Common stocks-Greater returns, but higher risk, Capital gains

Preferred Stocks-Less returns, Low risk, Dividend gains

Rebalance your portfolio every 6 months. Every Christmas and 4th of July. 

Some companies rebalance your portfolio

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-Yolany B.