Hello Everyone,
The questions that I have may seem elementary and simple to most of you... but…I have bought stocks in the past but never bonds.
I had an individual that I just had to my office who was cold canvassing on the phone. He does not work for a large investment company nor any of the nationally advertised ones.
He told me of several bonds, paying a good dividend for the right period of time that I was looking for.
The bonds are rated AAA and are from companies that I am aware of and to me are stable enough to buy.
Question 1, When a bond is purchased from a “financial advisor” of the above type how could I make sure that he is legitimate? AND… Question#2, Who is my check to be made out to. He says a transfer company…I would think it should be made out to company named on the stock.
Thanks everyone for your help in answering these two questions.