Run of bad news prompts worry about holding bonds from GM (Detroit News)
Q. I have long-term bonds with GM that pay between 6.5 percent and 8.25 percent and go out 20 and 25 years. These investments were to generate retirement income and amount to about 8 percent of our holdings. With all the bad GM press recently, it has been suggested that we take the loss and get out. What are your thoughts concerning that?
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