How to Get a BBB Bond

Wise-ass inside-bond-baseball comment I overheard today:

Q: How do you get a BBB-rated bond when everything is turning to junk?

A: Buy an AAA-rated bond and wait.

Comments

  1. Ah. The fixed-income equivalent of “How do you make a million dollars?” Cute.

  2. I heard it works even better if you buy an AAA bond issued by an airline.

  3. One Way Stox says:

    “We make millionaires out of multi-millionaires”