I have inherited from my Dad, 14 Corporate Bonds approx. $25,000 each. Maturity dates range from 2006-2015. Interest rates range from 4.85 - 8.125. These bonds are in an inherited IRA from which I must take a minimum required distribution of about $1,000.00 per month. I would very much like to put at least half of these bonds into dividend paying stocks. Should I wait untill the bonds have matured and invest in stock only then or should I sell half of the bonds and invest in the stocks right away. Thanks.
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 Mornings