Is it better to buy automaker's stocks or bonds right now?

Answers

readytoretire answered a question in Energy and Industrials.
2222 points

readytoretire answered one year ago …

If you want a shot at a high return in a short time, look at the stock. It would get the most bounce from a bailout. It could just as easily go to zero, like some of the other companies that have gotten government money. I prefer bonds. They will also get a bump from a bailout and you get the interest rate on the coupon (unlike the dividend, which can go to zero). At their current price, it looks like a good deal.

Read more from readytoretire