No. of Recommendations: 0
Hmmm. Fixed-income securities that sell for $25/share are usually preferred stocks. I'll grant you, the difference has become blurred in recent years.

Usually. But not always. These have face value of $25 but currently trade below that level. We discussed the ones that I own here previously (a few years ago). They've performed reasonably well for me, and I've also traded them over the years as they've gone up and down. If you are interested, their symbols are ISM and OSM. They are CPI-linked bonds issued by SLM Corp (the former Sallie Mae) and have a monthly coupon.
Print the post  

Announcements

Live Video Event Monday!
The GP team is hosting a live video event on Monday at 4 p.m. ET. Don't worry if you can't make it — we'll have a replay and a transcript. Click for more!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement