UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: folgore Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35357  
Subject: New offerings? Date: 2/8/2013 4:41 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
On my Etrade account, I was given notice of a "new offering" -- a closed end income fund by Blackrock. I explored the new offerings section and noted new corporate and municipal bond offerings as well. Just curious as to the take Charlie and other experienced bond/income investors have toward brokerage "new offerings." In the past, I participated in two new offerings from my Muriel Siebert account -- both income-oriented mutual funds. One -- focusing on munis -- has been very successful while the other did nothing but tread water, so I ditched it.

Given the current environment, is it better to get in on a new bond offering at the ground level -- ie par -- or is it better to let the market have a go at the new issues possibly creating some bargains with higher yields but also at the risk of seeing the price of a new bond get jacked up way above par?
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Berkshire Hathaway

Starting a Small Business
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement