M*******1
发帖数: 4037 | 1 [label ready 求购]Bond 50 blue Ray:22/23 @120/110
Bond 50 Blue Ray 22 movies for $120 这是2012版
Bond 50 Blue Ray 23 movies for $110 这是2013版（多一个Skyfall) |
|
M*******1
发帖数: 4037 | 2 [label ready 求购]Bond 50 blue Ray:23 @105
Bond 50 Blueray 22 movies 这是2012版 不收
Bond 50 Blueray 23 movies for $105 这是2013版（多一个Skyfall) |
|
M*******1
发帖数: 4037 | 3 [label ready 求购]Bond 50 blue Ray:22/23 @120/110
Bond 50 Blue Ray 22 movies for $120 这是2012版
Bond 50 Blue Ray 23 movies for $110 这是2013版（多一个Skyfall) |
|
M*******1
发帖数: 4037 | 4 [label ready 求购]Bond 50 blue Ray:23 @105
Bond 50 Blueray 22 movies 这是2012版 不收
Bond 50 Blueray 23 movies for $105 这是2013版（多一个Skyfall) |
|
j*****n
发帖数: 3617 | 5 I-Bond的利率由两个因素决定，一个是固定利率a，另一个是浮动利率b，就是通货膨胀率
，这两者按照一个狗屁不通的公式
c=a+2b+ab
来计算I-bond的综合利率。
这个inflation rate其实很好算，根据劳工部的CPI-U数据，
http://www.bls.gov/schedule/archives/cpi_nr.htm#2005
从这里我们可以看出CPI-U为，
2005/10：199.2
2005/9： 198.8
....
2005/4: 194.6
2005/3: 193.3
虽然每次是在5/1和11/1订出利率，但因为11/1十月的数据还没有出来，所以只能根据九
月，和九月的半年前，也就是三月计算，
(198.8-193.3)/193.3 = 2.845% -> 2.85%
再根据财政部的计算公式，
http://www.publicdebt.treas.gov/sav/sbirate2.htm
Here's how we set the composite rate for I bonds issued Nov 2005 - Apr. 2006:
Fixe |
|
d****i
发帖数: 4809 | 6 【 以下文字转载自 Money 讨论区 】
发信人: domini (none), 信区: Money
标 题: 存CD还是买Treasure Bond
发信站: BBS 未名空间站 (Fri Dec 19 13:43:28 2008)
好像30 year T Bond的rate比银行的CD的rate要好一点，如果有一笔钱的话，是不是应
该买一些国债？T bond有什么风险吗,比如会不会随着时间贬值？ |
|
c**********g
发帖数: 304 | 7 我知道，想请教一下electronic bonds 和 paper bonds 区别。是不是只有electronic
bonds 可以在网上买？谢谢楼上的朋友 |
|
f****t
发帖数: 1063 | 8 现在股票不行，那bonds, MF on bonds 如何？还是也是风险大，所以最好现金为王？
请对bonds有研究说说，
斑竹能不能在jhq里加多一点相关知识.
谢谢！ |
|
x***i
发帖数: 395 | 9 我的个人分析
考虑到现在利率很低，而且政府大量发行债券，那么中长期看，股市和经济恢复，给债
券型基金留下的就剩下滞涨或者下降了。
短期看，除非股市大跌，否则债券基金升值的空间也不大。
看下面wsj的文章
By JONNELLE MARTE
The economic downturn has some investors considering safe Treasury-bond
funds over riskier corporate-bond funds.
But those seeking to avoid the risk of bond defaults by turning to Treasury
funds should keep in mind that these funds can still decline in value, if
Treasury yields rise from current low levels.
Investors considering Treasury funds should "not make the mistake of
as |
|
b*****e
发帖数: 1125 | 10 Corporate bonds have come back a lot this year for both investment grade and
high yield bonds. In short term a lot firms need refinance their debt and
restructure their capital due to last year's liquidate problem. I am bullish
on bond funds for next couple yrs. |
|
m**********w
发帖数: 4161 | 11 【 以下文字转载自 Money 讨论区 】
发信人: mountainview (山景城), 信区: Money
标 题: 精华区I-bond vs TIPS比较是不是错了？
发信站: BBS 未名空间站 (Fri Apr 24 00:56:09 2009), 转信
TIPS怎么会损失价值？
9. I bonds never lose value. TIPS can lose value, even if held to maturity,
if the CPI-U were to go down. With I bonds, for every 6 month period you're
guaranteed at least that it stays the same value as it was 6 months ago. |
|
|
f****t
发帖数: 1063 | 13 diversification requires 10-20% bonds. what kind of bond funds to recommend?
when is a good condition (not good time, so I am not timing :) to buy bond
funds?
thanks |
|
m*********a
发帖数: 3299 | 14 As I said, SHV is a ultrashort treasury bond fund (1-3 months) thus more
stable in value, while the underlining of TBT is 2x reverse of long term
bonds, whose value vary significantly higher than short term bonds. |
|
m*********a
发帖数: 3299 | 15 YOU are funny. "Treasury bill" means "short term treasury bond". There is not
completely wrong when using such wording communicates with a Chinese
community, as there is no definite word in Chinese corresponding bill, note
and bond. Bill, short term denture vehicle issued by treasure, Note intermediate term, Bond,
long term . |
|
s********h
发帖数: 158 | 16 you are correct about buying high yield treasury when inflation spikes, but
let's run some numbers comparing putting your money into munis versus saving
it in a bank.
option 1 - buying muni bond
data for a typical muni bond: (from bloomberg)
your investment amount = $10,000
coupon rate = 4%, paid semi-annually
years to maturity = 5 (terms = 10)
coupon = 200 (i.e. 10,000 * 4% / 2 )
also assume that i hold this bond for 2 years, and the interest rate at the
end of 2 years goes to 2% (which is equa |
|
l**********t
发帖数: 5754 | 17 what "bond" do you refer to?
if you refer to the credit markets -- commercial papers/corporate bonds/MBS/
high-yield bonds, the return is determined by both risk-free interest rate (
i.e. Treasury etc) and credit spread (i.e, chance of default /bankrupcy).
During the crisis last year, credit spread widened dramatically -- some part
of the credit market literally forzen in the mid of the panic.
While, the tide turned and credit spread narrows this year (so far). |
|
f****t
发帖数: 1063 | 18 let us talk about gov bonds, so that we don't need to bring credit spread in.
last year, the rate was down, gov bonds should be up. but bonds were actually
down (right?).
MBS/
(
part |
|
h*******y
发帖数: 864 | 19 That's correct. But it doesn't explain why gold is going in the same
direction. High inflation/inflation expectation will push bond/stock price
down while the gold price rises.
Last time when that happened, the economy is entering double-dip recession
in late 1982. The gold traders thought the inflation will come back up by
the FED's easing to fight the recession. The equity and bond holders
believed that Volker will stand firm. The equity and bond market traders
both enjoyed 20 years of rally a |
|
h*******y
发帖数: 864 | 20
Yes. And it could happen again. After all, 20 years into their crisis, and
with gross government debt heading for 200% of GDP, Japanese bonds yield
just 1.3%. So ten-year treasury bond yields of 3.5% may be reasonable after
all.
The question is still, would the future be inflationary or deflationary?
Government bonds work great in a deflationary world. |
|
a*****s
发帖数: 3643 | 21 股市看不懂，想买bond，稳定些.
Muni bond随着经济稳定下来了，rate会不会长呀？
Coperate 还有JUNK都涨了很多了，现在追高，会不会有危险？
US Gov的yield太低。
那international sovereign bond的会不会好一些？
没什么头绪，给个建议吧，谢谢！ |
|
f****t
发帖数: 1063 | 22 when rate is up, more people want to jump into the bond funds, so the bond
funds nav will be up.
this is different from the rate up, bond funds nav down. I am confused. ?? |
|
t*******d
发帖数: 2570 | 23 When more people want to jump into the bond fund, the result is that bond
fund managers have more cash to buy bond, it does not necessarily translate
into increase in NAV.
You probably think NAV is the same as a stock price, but it is not. |
|
m*********a
发帖数: 3299 | 24 bring down all other bonds, TIP, corporate and junk bonds. It is a crazy world.Fed will have to intervene to exit Qulititave E faster to protect bond market. |
|
s**********n
发帖数: 868 | 25 Yeah, big crash today. Yield at 18-months high now.
But what do you mean by "intervene to exit QE faster to protect bond market"?
I thought you'd say "keep QE in place for extended period of time to protect
bond market"...
world.Fed will have to intervene to exit Qulititave E faster to protect bond
market. |
|
m*********a
发帖数: 3299 | 26 But Fed will have no choice. They still have to sell $80 billions bonds each
week for the fiscal stimulus plan. Image how much more interest they will
have to pay for the new debt. I believe that Fed will do something to ensure
that stability of the bond market. If 10 year treasury spikes to 4.5% and
have the possibility to go higher, it is really bad. China and Japan will
not want to be a bagholder that buy a lot of bonds at 4%. |
|
m****u
发帖数: 229 | 27 I have a question.
If the interest rate goes up, the value of bond will go down, right?
If this above line is true, doesn't mean that you should short the whatever
bond ETF that u can short?
The money you put in the bank is FDIC insuranced, there is no way to lose
its value. But if you buy these bonds, I somehow feel that you will have a
great deal of chance of losing value when the interest goes up.
I still dont know if everything I said is correct, so if anyone wants to
correct me, please feel |
|
i******0
发帖数: 17 | 28 怕股市缩水， 所以想买些bond 以保平安。不知个位觉不觉得是好主意。 另外， 该如
何买bond 呢？Fidelity 里面有些bond mutual fund, 不知是不是好的投资方法？ |
|
e********s
发帖数: 248 | 29 How do you get "相对而言bond收益率很高"?
Bond yield should be consistent to the interest rate, which is very low now.
Corporate bonds have relatively higher yield due to higher risks. If you
are tolerant with the risks, then why not just buy equity. |
|
p*****y
发帖数: 529 | 30 There's no "true value" of the bond since a bond value consists not only the future cash flow, but also the forward interest rates you use to discount these cashflows, interest rate volatilities, and liquidity premium, credit risk, all have to be assumed in order to come up with the "right" price for the bond. It's not easier than guessing a stock's future earning potentials.
,
investment
be |
|
s********h
发帖数: 158 | 31 maybe because of my background, i find bond easier to understand and analyze
than stock. buying bond fund or trading in and out of bonds does not seem
to make much sense to me. certainly, there are exceptional managers like the
ones at pimco whom people pay premium for.
省事吧。 另外好像直接买企业的债券对散户也比较麻烦啊。 需要户头比较大才可以吧。 |
|
s********u
发帖数: 1054 | 32 我去年的401K帐号大部分时间有35+%的BOND FUNDS， 到11月还一直跑赢大盘4，5个百
分点。我比较懒， 11月以后没留神REBALANCE BOND HOLDINGS ， 结果BONDS大跌起来
。 最后YTD 基本和S&P 500 打个平手。 |
|
h****h
发帖数: 1168 | 33 for the 35% bond holding,
even u rebalance, u still hold at least 30+% bond,
so u still suffer from the nov bond crash.
unless u do not look at it.
15% |
|
n******n
发帖数: 12088 | 34 bonds != bond funds or bond etf.
as |
|
|
H******e
发帖数: 4682 | 36 什么时候是买进Bond的时候?
看 Vanguard 的 Mutual Fund, Bond 连续两个交易日每日上涨 0.4-05%, 股票 Index
每日跌 > 0.5%。 Should I buy in Bond Mutual Fund instead of Stock Mutual
Fund? |
|
j******m
发帖数: 92 | 37 I went to the morningstar website to learn what to buy and how to buy bonds.
It says "Bonds are more stable than stocks but riskier than money market
accounts. They are not great for making your money grow rapidly, but they
can help to diversify your portfolio."
Some people call buying bonds as patriotic activity. But under the current
market, it may be helpful. |
|
O***C
发帖数: 1219 | 38 If I buy the paper I bond via my bank, when I will start to earn the
interest?
1)The date I sign the purchase form in the bank
OR
2)The date the government issue the bond out to me
If I lost my paper bond, can I ask the government to replace it?
If yes, how much it will cost?
Thank you very much! |
|
y****i
发帖数: 17878 | 39 I don't think the Fed subsidizes savings bonds. On the contrary, the CPI is
often manipulated by the government, affecting the return of, for example, I
bonds.
Savings bonds do have some unique benefits, but they are not one-size-fits-
all kind of investment that everyone has to have.
that'
t |
|
h*********i
发帖数: 2605 | 40 有人推荐了一种投资iBond的方式：
buy five $2,000 bonds that mature in 2012, 2013, 2017, 2019, 2021. As each
one comes due, roll it over into a new 10-year bond.
为什么要这么设定？有什么好处？是为了对冲bond price loss还是为了避税？ |
|
l******i
发帖数: 1404 | 41 玩过prosper的就知道，bond的关键在于diversify，如果没有做好功课，自己买几个
bond的话只要有一个default，收益就大幅度下降。而且很难真的等到maturity的。也
许你应该买bond fund，这样省心，增长稳定些，如果你追求增长率的话，我个人建议
VUSTX。
股票就不一样，虽然股票diversify也重要。但买指数也会大亏，volatility也很大，
07年入市的话到现在还没有出水。这样一来还不如自己挑十几个consumer类别的稳定增
长股来的放心，像MCD，PM，DLTR之类的，每半年review+rebalance一次就够了，就选
抗跌的股票。 |
|
p***s
发帖数: 866 | 42 感谢大家对我上个帖子的回复。我终于顺利在Vanguard开了Roth IRA的账户，
里面放了两年的limit，总共一万刀。现在请教大家该买些什么。
我本人对投资不懂，也没有多少时间来学习和打理。所以只想保守的买些
东西长期持有。看网上说I savings bond的回报率还不错，查了一下，
limit正好是一万刀。
请教：（1）怎么用Roth IRA里的钱来买bond？好像要去TreasuryDirect
开个账户，然后该怎么具体操作？（2）除了bond，还有些什么其他的
选择适合我的情况？
非常感谢！ |
|
r***e
发帖数: 2539 | 43 知道I-bond和TIPS都跟着inflation，请问长期投资的话，TIPS收益和I-bond完全一样
吗？因为I-bond还有个fixed rate。 |
|
|
y******i
发帖数: 558 | 45 股市最近老是震荡，BOND 市场收益貌似不错。我的401K 买了VANGUARD RETIRE 2045
的， 绝大部分是股票。现在有5K 的ROTH IRA 投资，要不要买点BOND FUND ？ 比方说
下面这支：
http://quote.morningstar.com/fund/f.aspx?Country=USA&Symbol=VWI
大家觉得1，2年内美国有加息的可能么？我想除非美国在海外资产大幅度回流，因该短
期内不会有通胀威胁吧。
最后，我想等股市稍微稳定（1年左右）后再转去INDEX FUND，不知道BOND基金卖出要
多长时间？我知道ETF是可以当天买卖，但在VANGUARD 上买卖MUTUAL FUND 好像要等上
好几天。 |
|
W*****7
发帖数: 830 | 46 yes. I do hit AMT. does that mean I should not choose municipal bond or
municipal bond fund? but I remember that some muni bond is AMT-free. |
|
y****i
发帖数: 778 | 47 Natl is good, it is split by Mbia for monoliner muni bond insurance only,
the rating is Baa, only below Assurance (AGM/FSA) which is AA3, but higher
than all other companies. The yield is usually better than AGM/FSA insured
bond. I think it is one of the best choice for individual muni bond. |
|
W*****7
发帖数: 830 | 48 Thanks.
It looks like that capital gain from selling the muni bonds is still subject
to tax. So should I just avoid buying discount muni bonds? and if I buy
discount muni bonds and hold it to maturity. does it still count as capital
gain or interest? |
|
y****i
发帖数: 778 | 49 No, discount muni bonds are more attractive because you will avoid losing
money if the issuer call back earlier than maturity. Most bonds have call
protection if less than 10 years from new issue, but under some conditions
some bonds can still partial call. It will count as capital gain if you hold
it to maturity, but for investment, capital gain pay tax still better than
lose money to claim capital loss.
subject
capital |
|
|
