Not exact matches
When it comes to selling
bonds, you have a
default option that always allows you to
avoid the retail bid / ask beating: just hold the
bond until it is called or matures.
The way to make money in high yield
bonds over the long term is to try to
avoid as many of the eventual
defaults as possible.
With stocks, that connection is direct, with
bonds it means
avoiding default.
If that's a reason to
avoid the stock market, it's a reason to
avoid bond markets as well: the Canadian Government could
default and refuse pay the principle back.