: You can sometimes buy existing convertible bonds on the secondary market through a full-service broker . Key Investment Considerations Jumping Into Convertible Bonds?
Buying convertible bonds—hybrid securities that offer regular interest payments with the option to convert into company stock—is primarily done through two methods: indirect investment via funds or direct purchase through specialized brokerage accounts .
: Funds allow you to own a pool of different convertible bonds, reducing the risk associated with a single company .