Is this legit? Am I missing something? For example, with a one time investment of 25K into Xerox, other than the first year where you'd make $843, the next 19 years you would make $1687 each year.
That $25,000 would make a guaranteed 6.75% each year for the next 20 years.
I remember earlier this year/late last year on this sub there was a popular post asking if you could, would you leave the stock market for a guaranteed 4.5% a year? A lot of people actually said yes...even though the historic market averages are 8-9%.
I'm just wondering if these kind of long term corporate bonds are as good as advertised. I know some people won't like the fact of throwing a large sum of money into something you can't touch, but I would just consider it like another retirement fund.
Submitted July 30, 2018 at 03:05AM by Mite-o-Dan https://ift.tt/2uXqMzy
