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Post by glennkoks on Oct 7, 2023 16:49:03 GMT
Yeah, I think you need to jump in... Are we serious? No. This has a long way to go to hit bottom in my opinion. |
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Post by code on Oct 9, 2023 16:39:10 GMT
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Post by Sigurdur on Oct 9, 2023 18:34:32 GMT
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Post by walnut on Oct 10, 2023 15:35:35 GMT
Bought some Apple and Microsoft AAA bonds due in December and February at 5.36 yield to maturity.
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Post by Sigurdur on Oct 10, 2023 19:02:04 GMT
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Post by glennkoks on Oct 11, 2023 14:29:06 GMT
I have been hearing that for decades. Fact is old people vote. The politicians on both sides of the aisle will fund SS to our last dime because it keeps them in power. Wars in Ukraine and Israel along with all the other pork will suffer before SS does. Neither party can stand up to the rage of the elderly if you try to cut their SS... |
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Post by missouriboy on Oct 11, 2023 16:06:50 GMT
And we think that we are in bad shape.
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Post by duwayne on Oct 11, 2023 17:03:31 GMT
Bought some Apple and Microsoft AAA bonds due in December and February at 5.36 yield to maturity. If you have a Fidelity account, you can go to their fixed income page and buy Treasuries coming due in February with 5.526% yield to maturity.
They have a money market with a $10,000 minimum available in their IRA accounts which has been paying 5.29% for some time now (FMPXX).
Is it time to lock in these higher interest rates for the longer term?
You can get a 20 year zero interest Treasury for $36.90 which will pay $100 at maturity. That's a 5.153% yield to maturity.
Does a bond fund make sense again?
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Post by walnut on Oct 11, 2023 22:52:34 GMT
Bought some Apple and Microsoft AAA bonds due in December and February at 5.36 yield to maturity. If you have a Fidelity account, you can go to their fixed income page and buy Treasuries coming due in February with 5.526% yield to maturity.
They have a money market with a $10,000 minimum available in their IRA accounts which has been paying 5.29% for some time now (FMPXX).
Is it time to lock in these higher interest rates for the longer term?
You can get a 20 year zero interest Treasury for $36.90 which will pay $100 at maturity. That's a 5.153% yield to maturity.
Does a bond fund make sense again?
I got the 5.62 yield on the February bonds but somehow the transacted yield to maturity on the Dec Microsoft bonds was less. I am not used to IB for bonds. I do have a small Fidelity account as well so I was searching through their listings and I did notice that Fidelity seemed to be showing a few hundredths of basis point better deals on the same bonds. But all my money is at IB so I needed to use them. I was considering using bond funds, but I am not certain how they will behave after big interest rate moves. You can know their average bond duration which measures interest rate sensitivity, but the problem with a fund is- how will the principle NAV of the fund behave over time after the interest rate move. With individual bonds, you know that your bond will amortize itself back to face value over time. But I am afraid that the math on those funds might not behave as we would expect, or how we'd like. I'm concerned that they will not necessarily move back towards your desired "face value" NAV, as they trade out of holdings and some mature. So never recover some of those i rate risk losses. I think that is a real concern given the current volatility in bonds. |
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Post by Sigurdur on Oct 13, 2023 15:34:55 GMT
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Post by missouriboy on Oct 13, 2023 23:13:40 GMT
Does this pay our debt? Perhaps Elon will split it with us.
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Post by code on Oct 14, 2023 3:33:50 GMT
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Post by walnut on Oct 14, 2023 7:58:12 GMT
Those are basically uninsured hedge funds claiming to offer a fixed/guaranteed yield. Really bad risk profile, I'd rather just buy junk bonds rated by Moody's myself. |
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Post by flearider on Oct 15, 2023 5:40:49 GMT
Does this pay our debt? Perhaps Elon will split it with us.
it go's something like this  s4 for all man kind ... |
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Post by walnut on Oct 15, 2023 23:06:12 GMT
Good luck "stabilizing" lol. Lost money is lost money.
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s4 for all man kind ...