I think the safest junk to buy is that issued by companies listed on the NYSE. Those are companies whose earnings prospects are usually fairly easy to check and monitor. Lots of junk is issued by small firms that are difficult to follow. That is where you take some very high risks--and you can get blind sided.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra