Stock Portfolio

Financial Goal My financial goal is to put my kids through college . To do this I must find a secure convertible bond. This would mean the conversion ratio varies from bond to bond. Many times an indenture will tell me how many shares of stock the bond will convert into. For example I’ll say the convertible is in 20 shares. So the ratio of that are 20 to 1. But it’s not always that easy the …showed first 75 words of 304 total…

…showed last 75 words of 304 total…stock declines to a price which makes the convertible feature of the bond worthless, as long as the company sophisticated, the bond will trade based on its yield, like any other bond. There is a price level to which a bond will fall and fall no further as long as the company can pay its interest and the principal upon maturity. I feel this type of bond will help me tremendously in the future ahead.