Get a Smoother Ride With Convertibles.
Kiplinger's Value Added Web Column, May, 2007
Byline: Steven Goldberg, Kiplinger Washington Editors
Lots of people steer away from convertible securities because of their complexity. As far as picking among individual converts, I agree: This is an endeavor best left to the pros. But you can hire a fund manager to do the heavy lifting for you -- and not worry about whether you understand all the ins and outs of converts. The main thing you need to know about converts is that they're hybrids -- part bond and...
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