Getting started in bonds 2nd edition phần 9 docx

... Yield12 /93 5.21% 12 /91 5 .93 % 12/ 89 7.84% 9/ 93 4.78 9/ 91 6 .91 9/ 89 8.336 /93 5.05 6 /91 7.88 6/ 89 8.023 /93 5.24 3 /91 7.76 3/ 89 9.4712 /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 foryou as soon as possible is the power of compounding.When you invest in bonds, the interest you earn can bereinvested and begin earning you interest. Then the in- terest on your interest ... mutual fund investors arebailing out in droves it can be a signal to buy. Contrarianinvesting involves looking at what the masses are doing,and doing the opposite. Since the idea in the market...

Getting started in bonds 2nd edition phần 1 potx

... 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 Internet Auctions by Alan Elliott Getting ... Elliott Getting Started in Stocks by Alvin D. Hall Getting Started in Mutual Funds by Alvin D. Hall Getting Started in Estate Planning by Kerry Hannon Getting Started in Online Personal Finance by...

Getting started in bonds 2nd edition phần 2 ppt

... falling as interest rates rise. Thisis because interest rates tend to rise when there is in a-tion in an attempt to keep in ation from getting out ofcontrol. Most bonds principal and interest ... qualify.Series HH Savings Bonds Series HH Savings Bonds, unlike other savings bonds, arenot accrual bonds; they are coupon bonds that pay outU.S. GOVERNMENT BONDS 26issued January 198 6 at 100; in June ... ﬁxed-principal and in ation-indexed. Fixed principal meansyou know how many dollars in principal you will be get-ting at maturity. With in ation-indexed securities, youU.S. Treasury Bonds, ...

Getting started in bonds 2nd edition phần 3 ppt

... BONDS 640.00%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 920002001YearPercentInvestment-gradeHigh-yieldFIGURE ... distinction between top-tierhigh-yield bonds and low-grade high-yield bonds. In theCORPORATE BONDS 640.00%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 920002001YearPercentInvestment-gradeHigh-yieldFIGURE ... viablebusiness again.The reason for the distinction between investment-grade and high-yield bonds is because at one time bankswere allowed to invest only in bonds ranked in the topfour rating...

Getting started in bonds 2nd edition phần 4 pps

... the unsuspecting individualinvestor.RISKS OF INTERNATIONAL INVESTINGAs mentioned at the beginning of our discussion aboutinternational investing, when you invest in foreign bonds (or stocks), ... 0.16 29 JPY121.26 181. 59 80.23 SELF 79. 75 69. 64 117.70 60.41 15.84 12 .99 CHF1.5114 2.2634 SELF 1.2464 0 .99 40 0.86801.4671 0.7530 0. 197 4 0.16 19 GBP0.6677 SELF 0.4418 0.5507 0.4 392 0.38350.6482 0.3327 ... peopleconsideringinvesting in securities suchas stocks, bonds, mutual funds orunit investmenttrusts. It detailswhat theinvestmentobjectives are,what it invests in, and how ithas performed in the...

Getting started in bonds 2nd edition phần 5 pps

... Stock Exchange. In 197 0, therewere 361 mutual funds; in 2001, there were 8,255 (2,188of these were bond funds, and many more had some oftheir assets invested in bonds) . In 199 5, investors had ... who are interested in selling. Most ﬁrms willdo this, but not all. It is known as crossing bonds. The bonds are sold directly from one investor to another. Theinvestment ﬁrm’s trading desk ... issuewith a sinking fund matures in 8 years, but the sink-ing fund is used to retire $250,000 of the issue in 5years, $250,000 in 6 years, and another $250,000 in 7 years. You don’t know which bonds...

Getting started in bonds 2nd edition phần 6 ppt

... pointwould then be worth 99 7/8. 99 1/8+3/4= 99 4/32+24/32= 99 28/32= 99 7/8WHAT IS IT WORTH TO YOU?140To calculate percentage change, remember “ebb”:ending value minus ... ofsaying 98 9 /64. 98 1/8+1/64= 98 8/64+1/64= 98 9 /64This shorthand expression developed in institu-tional trading where speed is often critical during fastmarkets. Since institutional ... “ebb”:ending value minus beginning value divided bybeginning value. For example:(Ending – Beginning) ÷ Beginning = % change(86 – 89) ÷ 89 = – 3.37%handletrader lingo forthe part of thebond’s...

Getting started in bonds 2nd edition phần 7 ppsx

... discussed in Chapter 4, mortgage-backed bonds (MBSs) possess negative convexity. As interest ratesdrop 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 willexert the strongest in uence on the markets, which arebest correlated with future interest ... miserably when in ation moveshigher than this comfort zone. When in ation gets ontowards 6%, panic mode will begin to set in. Interestrates will begin to spiral higher. For example, in 198 1 in- ﬂation...

Getting started in bonds 2nd edition phần 8 pptx

... futures 90 -day moving averageFIGURE 13.5 Moving average.FIGURE 13.6 Rising trend line.and sending interest rates higher. You begin to get excitedabout selling your bonds and then buying them ... a drop in the savings rate is bullishfor bonds because it is interpreted to mean that the econ-omy has slowed, causing people to dip into their savings.Disposable income = Personal income– ... more, boosting the economy (bond investorsFundamental Factors201been trading, you’ll have to ask what the handle is. If theysay the handle is 99 , that means the spread is: 99 1/8/ 99 1/4If...

Getting started in bonds 2nd edition phần 10 ppt

... 256–257Conversion ratio, 93 , 99 –100Convertible bonds: buying guidelines, 98 –102call option, 95 characteristics of, generally, 93 95 , 97 98 options, 96 97 Convertible preferreds, 106Convexity, 71, 79, 177–178Corporate ... 206–207industrial production/capacityutilization, 183, 202–203 in ation, 1 89 190 Institute for Supply Management (ISM)Report on Business, 183, 195 , 199 –200lagging, 198 leading, 185, 199 new ... and, 168Initial jobless claims, 197 – 198 Initial bond offering, 130Institute for Supply Management (ISM)Report on Business, 183, 195 , 199 –200Institutional investors, 18Institutional trading,...

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