Reverse Convertible Securities.

I think they belong to the generation who used to sing things like "everybody must get stoned", "come on baby light my fire", and "oh Lord, won't you buy me a Mercedes-Benz". Which pretty much sums up the relationship between Dys and cjhsa.

Not that I'm judgmental or anything.

I'm ready to pay for their hotel room.

Get one with a long sight line, please.

so perhaps we can get back to the topic, this week I am doing some profit-taking and lowering my stake in Blue Chips/Index funds and Mutual funds and will use the funds to purchase from 4/6 more reverse convertible notes.

What is there left to talk about? You already made your decision. Personally, I doubt very much it's a good bet that the stock market won't go down and the issuer won't pay you back in devalued stocks. But I've been wrong the last time I warned you, so I could easily be wrong again.

A convertible bond might not be a bad idea right now, rather than see a high interest rate it might be best to offer convertibility features. Some investors really like reverse convertible securities,... but what's the point? Wouldn't they feel more secure with an asset-backed bond? -- Taylor Moffitt of Holydean

Didn't GM bond holders have asset backed bonds?