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: 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 .