Stocks or bonds? With the market off to an inauspicious December start, you may be thinking about shuffling some money from equities into income.
But rich guys and gals know better than to choose. They blend the best of both worlds to collect interest and enjoy share price upside! And we can too.
Their secret tickers? Convertible bonds. (Before the holidays you may be tempted to add some convertibles to your portfolio simply so that you can brag about them to friends and family!)
Convertible bonds, like the preferred shares we have discussed recently, pay regular interest. In this way, they act like bonds.… Read more