Comment on Berko: Different bonds, baby and corporate

Berko: Different bonds, baby and corporate

Dear Mr. Berko: Every three months, I receive patent royalties. Last year, I received $3,877, $3,206, $2,135 and $3,440. I’ve had to buy low-paying certificates of deposit because the minimum corporate bond purchase is $5,000 and I never seem to get that much at one time. Now I have 14 different CDs paying between 1.1 percent and 2.3 percent.

 

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