No. of Recommendations: 1
Yeah, current bond prices suck majorly. Some have doubled, or even tripled, in the past two month. This market is no longer cheap. I was shopping just now, and chart after chart says that the buying time is past. Now comes the waiting time until the next "blue light special" happens.

Charlie,

I’ve been at this 6 weeks and I’m already recalling “those were the good old days”. Man, things move fast when your having fun ;-) Bonds that I then thought were expensive at over 15% YTM, now interest me at less than 13%. I have to watch that I don’t get complacent and lower my standards. Maybe I need to stand back for a while.

If some of the economists that I respect are correct, we may get second chance at the old yields, if and when we get a double-dip recession.

I received my first coupon last week… I hope it’s a long-long time until my first default. (LOL)

Howard
Print the post  

Announcements

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 Glassdoor #1 Company to Work For 2015! 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