Getting started in bonds 2nd edition phần 9 docx

... Yield 12 /93 5.21% 12 /91 5 .93 % 12/ 89 7.84% 9/ 93 4.78 9/ 91 6 .91 9/ 89 8.33 6 /93 5.05 6 /91 7.88 6/ 89 8.02 3 /93 5.24 3 /91 7.76 3/ 89 9.47 12 /92 6.00 12 /90 7.68 12/88 9. 14 9/ 92 5.33 9/ 90 8.46 9/ 88 8. 69 6 /92 ... working for you as soon as possible is the power of compounding. When you invest in bonds, the interest you earn can be reinvested and begin earning you...

Ngày tải lên: 09/08/2014, 16:21

... Hill Getting Started in 401(k) Investing by Paul Katzeff Getting Started in Security Analysis by Peter J. Klein Getting Started in Global Investing by Robert P. Kreitler Getting Started in Futures ... Gelb Getting Started in Online Investing by David L. Brown and Kassandra Bentley Getting Started in Online Brokers by Kristine DeForge Getting Started in...

Ngày tải lên: 09/08/2014, 16:21

... falling as interest rates rise. This is because interest rates tend to rise when there is in a- tion in an attempt to keep in ation from getting out of control. Most bonds principal and interest ... qualify. Series HH Savings Bonds Series HH Savings Bonds, unlike other savings bonds, are not accrual bonds; they are coupon bonds that pay out U.S. GOVERNMENT BONDS 26 issued Jan...

Ngày tải lên: 09/08/2014, 16:21

... BONDS 64 0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 197 0 197 1 197 2 197 3 197 4 197 5 197 6 197 7 197 8 197 9 198 0 198 1 198 2 198 3 198 4 198 5 198 6 198 7 198 8 198 9 199 0 199 1 199 2 199 3 199 4 199 5 199 6 199 7 199 8 199 9 2000 2001 Year Percent Investment-grade High-yield FIGURE ... distinction between top-tier high-yield bonds and low-grade high-y...

Ngày tải lên: 09/08/2014, 16:21

... the unsuspecting individual investor. RISKS OF INTERNATIONAL INVESTING As mentioned at the beginning of our discussion about international investing, when you invest in foreign bonds (or stocks), ... 0.16 29 JPY 121.26 181. 59 80.23 SELF 79. 75 69. 64 117.70 60.41 15.84 12 .99 CHF 1.5114 2.2634 SELF 1.2464 0 .99 40 0.8680 1.4671 0.7530 0. 197 4 0.16 19 GBP 0.6677 SELF 0.4418 0.5507 0...

Ngày tải lên: 09/08/2014, 16:21

... Stock Exchange. In 197 0, there were 361 mutual funds; in 2001, there were 8,255 (2,188 of these were bond funds, and many more had some of their assets invested in bonds) . In 199 5, investors had ... who are interested in selling. Most firms will do this, but not all. It is known as crossing bonds. The bonds are sold directly from one investor to another. The investment firm’s t...

Ngày tải lên: 09/08/2014, 16:21

... point would then be worth 99 7 / 8 . 99 1 / 8 + 3 / 4 = 99 4 / 32 + 24 / 32 = 99 28 / 32 = 99 7 / 8 WHAT IS IT WORTH TO YOU? 140 To calculate percentage change, remember “ebb”: ending value minus ... of saying 98 9 / 64 . 98 1 / 8 + 1 / 64 = 98 8 / 64 + 1 / 64 = 98 9 / 64 This shorthand expression developed in institu- tional trading where speed is often critical during...

Ngày tải lên: 09/08/2014, 16:21

... discussed in Chapter 4, mortgage-backed bonds (MBSs) possess negative convexity. As interest rates drop and other bond prices are increasing, these bonds in- crease in value at a slower rate. As interest ... The nuance involved in predicting future in- terest rates comes from intuiting which indicators will exert the strongest in uence on the markets, which are best correlated...

Ngày tải lên: 09/08/2014, 16:21

... futures 90 -day moving average FIGURE 13.5 Moving average. FIGURE 13.6 Rising trend line. and sending interest rates higher. You begin to get excited about selling your bonds and then buying them ... a drop in the savings rate is bullish for bonds because it is interpreted to mean that the econ- omy has slowed, causing people to dip into their savings. Disposable income = Personal inc...

Ngày tải lên: 09/08/2014, 16:21

... 256–257 Conversion ratio, 93 , 99 –100 Convertible bonds: buying guidelines, 98 –102 call option, 95 characteristics of, generally, 93 95 , 97 98 options, 96 97 Convertible preferreds, 106 Convexity, 71, 79, 177–178 Corporate ... 206–207 industrial production/capacity utilization, 183, 202–203 in ation, 1 89 190 Institute for Supply Management (ISM) Report on Business, 183, 195...

Ngày tải lên: 09/08/2014, 16:21