UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next
Author: RBSK922579 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35363  
Subject: Re: Buying corporation bonds Date: 11/11/2000 3:43 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Thanks.. Because of Tony and you ..I now feel better..

Tony may have much better knowledge than I do of the bond market, but it is very possible to have several accounts and get bond quotes from various suppliers. The trick is to move the funds to the right account soon enough.

I see speed and fast execution is the way to go..


Of course in time you will figure out that one of your broker/dealers is giving you a better deal.

I have called a few.. they ...especially Fidelity told me ..it will take them several weeks for them to build me a bond ladder with monthy income 12 moths a year. I only asked for them to locate AAA Corp Bonds, Below Par and Non Callable..
This did not make me very comfortable and I trust this will not be the usual corporate bond purchase route / process. ???

In that case its time to close out that other account and move it to a new broker.

I will this if they are not honest and mis-lead me ..let alone I should lose some cash.. It's a shame that bond fees are so well hidden.. I have to find a way to uncover and research so I can become as knowledgeable as possible so I will be able to strike when a good..make hat a great deal comes along..

Regards,

RB

There is nothing that behaves more like a commodity than money. The bond market is very competitive. You do have more leverage if your purchase sizes are larger.

I haven't tried it, but its been posted here before that you can purchase your bonds from any bond dealer and then have them transferred into your brokerage account. (If you do this a few times, I suspect your brokerage firm will get the message about giving you competitive quotes. They learn quickly which accounts are aggressive on costs and which ones will accept higher fees.)
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Value Hounds

Ubiquiti Analysis
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