Comment on Storing Your Cash In These Convertibles? The Mattress Might Be Better

Storing Your Cash In These Convertibles? The Mattress Might Be Better

I like to call convertible bonds issued by companies with so-called investment-grade credits “converts for people who hate converts.”  A kinder, gentler way to describe them might be “bonds convertible into stocks that already have convertible-like properties.” Make no mistake: stocks are not only the most commonly discussed major investment class [...]

 

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