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Convertible and debenture risks in stock speculation discussed
The guide notes converting securities do not guarantee protection against losses. When a company’s shares fall and lending rates rise, convertible issues can suffer double declines. High rated debentures or convertibles still expose risk with market price changes and fixed returns. Mutual fund shares at $4 offer no guaranteed upside and broker biases may influence recommendations.
MENTIONED IN THIS ARTICLE
Sam Shulsky Aulber
Fie Wonea
Mike
Alinich