Income investing today : safety and high income through diversification

INCOME INVESTING TODAY: Safety and High Income through Diversificationj......Page 5
CONTENTS......Page 9
FOREWORD......Page 15
PREFACE......Page 17
INTRODUCTION......Page 19
Why Consider Fixed Income?......Page 21
Investment Strategies......Page 25
What You Need to Know about Risk and Uncertainty......Page 37
Investment Advice via the Media......Page 79
Prospectuses......Page 80
When to Worry about the Accounting......Page 89
Financial Statements......Page 91
More Important than the Numbers......Page 99
Summary......Page 100
Basic Features......Page 101
U.S. Treasuries......Page 103
Corporate Bonds......Page 108
Direct Access Notes......Page 110
Junk Bonds......Page 112
Step-up and Pay-in-Kind Bonds......Page 113
Zero-Coupon Bonds......Page 114
Put Bonds......Page 115
Buying Municipal Bonds......Page 123
Municipal Bond Defaults......Page 124
Miscellaneous Topics......Page 125
General Features......Page 137
Preferred Equity Traded (PET) Bonds......Page 138
Trust Preferreds......Page 139
Third-Party Trust Preferreds......Page 140
Partnerships......Page 141
Buying Preferreds......Page 142
Convertible Bonds......Page 147
Convertible Preferreds......Page 149
Adjustable-Rate Debt......Page 152
Overview......Page 155
Canadian Energy and Royalty Trusts......Page 156
Other Canadian Trusts......Page 158
Real Estate Investment Trusts (REITs)......Page 159
Other Common Stocks......Page 160
Overview......Page 163
Bond Funds......Page 165
Junk Bond Funds......Page 167
Municipal Bond Funds......Page 168
Exchange-Traded Funds (ETFs)......Page 169
Closed-End Funds (CEFs)......Page 172
Closed-End Bond Funds......Page 173
Closed-End Preferred Funds......Page 174
Buy-Write Funds......Page 175
Unit Investment Trusts (UITs)......Page 177
Derivatives......Page 178
SEQUINS and ELKS......Page 180
PARRS......Page 181
Hedge Funds......Page 182
Collateralized Debt......Page 184
Bankruptcy......Page 187
Endgame Strategies......Page 193
Tax Strategies......Page 194
Dividend Strategies......Page 195
Taxation and Mandatory Convertible Preferreds......Page 196
Tax Reporting......Page 197
Original Issue Discount......Page 200
A Long-Term Strategy for Income Investing......Page 203
Appendix: INTERNET INVESTMENT INFORMATION SOURCES......Page 209
GLOSSARY......Page 219
INDEX......Page 247