No. of Recommendations: 1
OK, Joel. Maybe I overstated the case.

Old issues purchased years ago can be ok (but most can probably be sold for nice capital gains now that interest rates are so low).

One needs to be very careful buying shares now. Those with nice yield are often junky. Those with investment rating are usually priced at a premium over their call price.

Yes, you can probably get better yield than on CDs but that is not saying much. Dividend stocks might be better. At least they won't be called out from under you.

Do research them carefully.
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