Stoever Glass & Co., Inc.
Phone: (212) 952-1910
P: (800) 223-3881
Bond Tips February 14, 2019
A type of muni bond available for purchase is high yield bonds. These are considered the least conservative, as there is a bit of risk involved in the purchases. These can contain lower grade bonds that are sometimes referred to as “junk bonds.”
A few days ago, I had suggested that you need $100,000 or more to be profitable in individual bonds. If you are going to be looking at high yield and junk bonds, that number will be even higher to get adequate diversification.
Check back tomorrow to learn how a manager can help you choose the best muni bonds available for purchase. #BondMarket #Investing #FinancialServicesFirm #AssetManagement