n*****l
发帖数: 36 | 1 对投资一窍不通，保守型的，
不着急用这些钱，咋投资呢？
希望至少不亏，比CD能强点
（是不是没有？呵呵）
这点钱还不够还房贷的，是不是把房贷早点还了更好？
希望各位给点建设性地意见。
谢谢大家。 | y****i
发帖数: 778 | 2 Muni bond with AGM or Mbia insured with 4.5-5 percent tax free return 6 -10
year mature. If your tax bracket is less than 25 percent, bbb investment
grade bond like genworth 7-8 percent yield. If short-term like 1-2 year, m-
REIT like Arr, Agnc, nly or combine these three dependent on your risk
tolerance. | s*******d
发帖数: 61 | 3 Muni bond 6-10 year mature 是说得等6-10年么？
10
【在 y****i 的大作中提到】
: Muni bond with AGM or Mbia insured with 4.5-5 percent tax free return 6 -10
: year mature. If your tax bracket is less than 25 percent, bbb investment
: grade bond like genworth 7-8 percent yield. If short-term like 1-2 year, m-
: REIT like Arr, Agnc, nly or combine these three dependent on your risk
: tolerance.
| y****i
发帖数: 778 | 4 You'll get interest (coupon*principal, like 5%*10000$=500$ a year, 250$
every 6 month) every 6 month and your principal back in 6-10 years. | y****i
发帖数: 778 | 5 If you have fidelity account, go to trade->trade fixed income->if you know
CUSIP #, put in, otherwise -> search inventory->Municipal bond. If you want
new issue, click and participate IPO, no fee. Otherwise->Secondary-> put
maximum maturity date, like 01/2025, click all bond tier, call protection,
click No on zero coupon if you don't want (higher yield but no payment until
mature), select all on ratings, AMT no if you hit AMT, Fed tax exempt yes,
and click all for others. Finally, ask minimum yield, like 4.5%, then save
it as "4.5", next time you don't need to put anything again. | y****i
发帖数: 778 | 6 View Results as Table give you better comparison than Graph, and choose your
state if you don't want to pay state tax, otherwise all states (better
choice for higher yield and if you don't know how long you stay on that
state). To choose a bond with insurance like FSA/AGM, MBIA/FGIC or AMBAC,
you need to click "overview" each bond to check or there's a different
between Rating and Underlying Rating. If you want to sell the bond before
mature, click "price and performance" and View Recent Trades to know how
liquidation the bond is. You need to call Fidelity and ask a bid quote
before the selling,and the spreading between 3rd party price and bid quote
may be 1-2% for high liquidation bonds like GO of California or PUERTO RICO
bonds because no state tax for anyone even you are not in PR, but more than
3% for low liquidation bonds like a small town or all AMT bonds which most
buyers hold until maturity date. | y****i
发帖数: 778 | 7 For corporate bond, you can sell it online like stock. But the highest bid
price usually need 5 unit(5000$ as principal value), amount lower than that
need to sell as the bid price accept 1 or 2 unit (1000$ or 2000$ face value)
, or you need to call Fidelity to ask a bid quote, like Muni bond. | n*****l
发帖数: 36 | 8 thanks for all your reply
will study from the beginning
want
until
【在 y****i 的大作中提到】
: If you have fidelity account, go to trade->trade fixed income->if you know
: CUSIP #, put in, otherwise -> search inventory->Municipal bond. If you want
: new issue, click and participate IPO, no fee. Otherwise->Secondary-> put
: maximum maturity date, like 01/2025, click all bond tier, call protection,
: click No on zero coupon if you don't want (higher yield but no payment until
: mature), select all on ratings, AMT no if you hit AMT, Fed tax exempt yes,
: and click all for others. Finally, ask minimum yield, like 4.5%, then save
: it as "4.5", next time you don't need to put anything again.
| f******o
发帖数: 484 | | S*******s
发帖数: 10098 | 10 If you are looking to retire in 5-15 years, and if you don't need to use
this $
250,000 until years later, you maye turn it into a pension alike with much
higher return. | | | s****c
发帖数: 299 | 11 What is the advantage of buying individual bond yourself, comparing to
buying into a bond fund?
Thanks.
want
until
【在 y****i 的大作中提到】
: If you have fidelity account, go to trade->trade fixed income->if you know
: CUSIP #, put in, otherwise -> search inventory->Municipal bond. If you want
: new issue, click and participate IPO, no fee. Otherwise->Secondary-> put
: maximum maturity date, like 01/2025, click all bond tier, call protection,
: click No on zero coupon if you don't want (higher yield but no payment until
: mature), select all on ratings, AMT no if you hit AMT, Fed tax exempt yes,
: and click all for others. Finally, ask minimum yield, like 4.5%, then save
: it as "4.5", next time you don't need to put anything again.
| y****i
发帖数: 778 | 12 You will receive interest semiannual or monthly for some corporate bond, so
you can control the cash flow by yourself. If the bond market price goes up,
you can sell it for capital gain plus interest, if the bond market price
goes down, you hold it to maturity to earn interest only. In any case, as
long as the bond does not default or the insurance company still pay you the
interest and principal for some muni bonds, you have no risk losing money.
If you choose bond fund, you don't have control of your own money and may
lose money when sell it because the market price is too low to offset
dividend it paid. | W*****7
发帖数: 830 | 13 I could never understand how they distinguish capital gain and interest when
you buy/sell the muni bonds in the secondary market.I think it is quite
complicated. Just give some examples here:
If I buy 5% coupon rate muni bond with a price at 108$, then sell it before
maturity at price 110$/106$. Is the 2 dollar counted as capital gain/loss?
or if I buy 0% coupon rate muni bond with a price at 58$, then sell it
before maturity at price 68$. Is the 10 dollar counted as capital gain? or
part of the 10$ is capital gain?
Thanks.
so
up,
the
.
【在 y****i 的大作中提到】
: You will receive interest semiannual or monthly for some corporate bond, so
: you can control the cash flow by yourself. If the bond market price goes up,
: you can sell it for capital gain plus interest, if the bond market price
: goes down, you hold it to maturity to earn interest only. In any case, as
: long as the bond does not default or the insurance company still pay you the
: interest and principal for some muni bonds, you have no risk losing money.
: If you choose bond fund, you don't have control of your own money and may
: lose money when sell it because the market price is too low to offset
: dividend it paid.
| y****i
发帖数: 778 | 14 The broker like Fidelity will adjust your cost basis monthly based on the
yield. Like I bought a zero coupon bond at 34.76$ at May 24, currently the
cost basis is $35.39$. If I sell it now at $39, you have capital gain $39-$
35.39-$0.1(consider the fee $1 per 1000$ par value bond), the rest $35.39-34
.76=0.63 will be your tax exempt interest. If you buy the bond with premium
like your first case, the cost basis will also be adjusted monthly to a
lower value, so the $108 will be like $107.xx next month, $106.xx next year
if it is less than 8 year maturity, until maturity like Oct 2020, your cost
basis should be reduced to par value, $100. The interest you received is
always tax free. | W*****7
发帖数: 830 | 15 thanks a lot. That's very clear.
34
premium
year
cost
【在 y****i 的大作中提到】
: The broker like Fidelity will adjust your cost basis monthly based on the
: yield. Like I bought a zero coupon bond at 34.76$ at May 24, currently the
: cost basis is $35.39$. If I sell it now at $39, you have capital gain $39-$
: 35.39-$0.1(consider the fee $1 per 1000$ par value bond), the rest $35.39-34
: .76=0.63 will be your tax exempt interest. If you buy the bond with premium
: like your first case, the cost basis will also be adjusted monthly to a
: lower value, so the $108 will be like $107.xx next month, $106.xx next year
: if it is less than 8 year maturity, until maturity like Oct 2020, your cost
: basis should be reduced to par value, $100. The interest you received is
: always tax free.
| y*****3
发帖数: 195 | 16 With your search query, I don't get any Municipal bond even have yield>3.0.
How you could get it?
Thanks.
want
until
【在 y****i 的大作中提到】
: If you have fidelity account, go to trade->trade fixed income->if you know
: CUSIP #, put in, otherwise -> search inventory->Municipal bond. If you want
: new issue, click and participate IPO, no fee. Otherwise->Secondary-> put
: maximum maturity date, like 01/2025, click all bond tier, call protection,
: click No on zero coupon if you don't want (higher yield but no payment until
: mature), select all on ratings, AMT no if you hit AMT, Fed tax exempt yes,
: and click all for others. Finally, ask minimum yield, like 4.5%, then save
: it as "4.5", next time you don't need to put anything again.
| y****i
发帖数: 778 | 17 Don't limit your bond tier to tier 1 bond only and choose all state if you
want high yield. Most high yield muni bonds now are either in CA or PR. Buy
PR bond if you are not in CA and still want it state tax free. Because some
BBB+ grade bond has downgrade risk, buy the high yield with monoliner
insurance will garantee you will get interest semiannually and principal
back at maturity even the bond issuer defaults. Some of my current muni bond
holdings cab be found at
http://www.mitbbs.com/clubarticle_t/Bond/31335637.html |
|
