Quote Originally Posted by RazorX View Post
Hmm I was looking at getting some of these bonds (WKS020) in February. Maybe not a good idea? I don't know a lot about bonds, but I thought they were safer than shares?
Safer in that they rank above equity in the event of liquidation. Not saying that this is the case here but they can be a bit of a trap if reliance is placed on their "bond" status without proper attention being given to the soundness of the company in the first place. As with the "secured" nature of the borrowings of so many of our failed finance companies!