Distressed Debt Investing
The bond market is roughly two times the size of the stock market. Stocks get most of the attention but big money is in bonds. And when it comes to distressed debt investing, there are some great value opportunities. When investing in distressed debt, it takes some skill to separate the wheat from the chafe. It isn’t for the faint of heart. You have to sort through many companies – and sometimes countries – going through tough times. But before I get too ahead of myself, let’s first take a look at what makes debt distressed. Then from there, we’ll dive into some strategies and different ways to invest. What…