I received a call from Steve at Coastal Equities. It was a New York number. I was so shocked that he was polite that I forgot to get his last name.
He started into his script about “investment-grade” and I thought “here it comes.” Then he tried to sell me a Verizon corporate bond. I just about fell out of my chair.
He didn’t lie to me. He didn’t oversell the product. But I wasn’t interested. We parted ways without any shouting or hurt feelings. I think.
That’s how it’s done, folks.
That’s the view of one lawyer from Jupiter, Palm Beach County, Florida. I’m Marc Dobin.