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The Quest for Yield
Oleh:
Gandel, Stephen
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Fortune vol. 166 no. 1 (Jul. 2012)
,
page 40-44.
Topik:
Investment
;
Interest Rates
;
Wall Street
;
Stock Market
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
FF16.48
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
With interest rates near zero, attractive dividend-paying investments are harder than ever to find. Here are four areas for income-starved investors to look. If you went looking for a high-yielding investment a few years ago, you might have stumbled upon something called a revertible. The Wall Street concoction, also called a reverse convertible, seemed like easy money. Revertibles offered extremely high yields, as much as 13%, without having to bet on companies with lousy credit or lock up your money for years. The bondlike investments had maturities of a year or less and were tied to the stocks of well-known companies like Apple (AAPL) and Johnson & Johnson (JNJ). Over $15 billion of revertibles were sold in 2007 and 2008 alone.
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