If you aren’t familiar with convertible bonds, now may be the time to get familiar with them. As today’s article explains, “convertible bonds pay a regular interest coupon, just like a bond, but if the stock of the issuing company does well, the owner of the bond can convert it into shares and make an even bigger profit” – and the author proceeds to outline why convertibles may be a particularly smart buy now. What are the three reasons he highlights – and what have studies found to be the “sweet spot” when it comes to the percentage of a portfolio allocated to convertibles? CLICK HERE to find out.