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Junk BondsJunk Bonds
MakingMoney said: "How do I get my hands on them? Can I get them through etrade, ameritrade, etc?"
LongArm said: "Yup. Be careful though, they have a relatively high default rate. Safer to buy a junk bond fund."
AlfredSokol said: "Small investors don't generally do well in bonds."
MakingMoney said: "[QUOTE=AlfredSokol;62207]Small investors don't generally do well in bonds.[/QUOTE]
whys that?"
MakingMoney said: "Are they worth investing now?"
LongArm said: "Best time to invest in junk bonds is when the economy is about to take off. With the possibility of a looming recesssion, no, I don't think now is the best time for junk."