If you are seeking investment help, look at the video here on my services. If you are seeking a different approach to managing your assets you have landed at the right spot. I am a fee only advisor registered in the State of Maryland, charge less than half the going rate for investment management, and seek to teach individuals how to manage their own assets using low cost indexed exchange traded funds. Please call or email me if interested in further details. My website is at http://www.rwinvestmentstrategies.com. If you are new to investing, take a look at the "DIY Investor Newbie" posts here by typing "newbie" in the search box above to the left. These take you through the basics of what you need to know in getting started on doing your own investing.
Tuesday, November 13, 2012
You come to understand that most bonds trade over-the-counter, which is very different from the way common stocks trade.
I know all of this because I meet with clones of you. I also read the financial press and ponder the ongoing national angst over flows into bond funds despite historically anemic yields.
I stress to new clients that bonds are an important part of the drive towards a successful retirement. I stress the need to seriously think about the role of bonds in your portfolio - especially in today's world of excrutiatingly low yields. I explain the different parts of the bond market - corporates, mortgage-backeds, Treasuries, etc.
And I see eyes glaze over, and that's when I pull back a bit.
What you don't see so much is that I am constantly on the lookout for resources that do a good job explaining how bonds work. Every such resource makes my job easier. Books are a good resource; but, in today's markets, they become dated pretty quickly. This is one area where the internet has, IMHO, a distinct advantage.
A really good site I have recently come across and recommend is learnbonds.com. This site offers basic instruction on buying bonds and covers, as far as I can see, all of the main topics that bond investors are concerned with, including issues of the day. In addition, it also has numerous instructional videos.
I believe that, if you visit the site and putter around a bit, you will return regularly just to keep up with the market.
Posted by Robert Wasilewski at 9:17 PM