No. of Recommendations: 2

Make sure that you are including all transaction fees. Also go to FINRA and pull trading activity results. On the liquidity side of the issue you need to be aware that just because Vendor A has 100 or 10,000 of the bonds for sale doesn't mean they are willing to sell you 1 or 2. The elephants rule this dance and the tend to trade by large lots.

The materiality for the elephants and the materiality for the mice is often significantly different.

Print the post  


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.
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.