Were can I buy junk bonds for practice?

1 Answer

Answer :

answer:You’re in Canada, right? You need to talk to a Canadian broker. And you will have to pay a commission. Don’t confuse bonds with stock. Bonds are debt, and stock is ownership in companies. Blackberry is a viable company, although the stock is cheap these days ($9.50 US). So for $100 you could buy10 shares for $95 and pay a small commission for about $10 or $15. Bonds of bankrupt entities like Detroit or Greece usually sell for pennies, because it is most likely that debt holders will not get anything. Bre X is nothing you can invest in, anyone that would sell you anything in Bre X would be commiting fraud.

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