Bond guidance and forms for investors from Sam Shulsky
Sam Shulsky explains fixed income basics for retirees describing registered and bearer bonds. He lists recent 6 percent issues from Consumers Power, Chesapeake Potomac, Commonwealth Edison, Columbia Gas, Gulf Oil, World Bank, Detroit Edison, and New England Telephone, noting registered bonds pay semiannual interest and bearers clip coupons. Registered bonds provide issuer notices on events. bearers must track maturity themselves.