1. #1
    Iwinyourmoney
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    Anybody take shots with "junk bonds"

    Been doing some research.

    They are like hitting 4 team parlays. It's worth a shot now and then.

    Thoughts?

  2. #2
    jjgold
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    Never

    Where would one do this??

    Any links??

    How much do you have to put up??

  3. #3
    mrmarket
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    Stick to losing your money in the casinos IWIN. At least you get comps that way.

  4. #4
    Iwinyourmoney
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    Quote Originally Posted by mrmarket View Post
    Stick to losing your money in the casinos IWIN. At least you get comps that way.

  5. #5
    bobbyfk
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    Never heard of them before

  6. #6
    Call82
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    I do, you need to do alot of research though...especially in times like now its quite lucrative...

  7. #7
    Call82
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    Example? Buy an government guaranteed bond issued by an irish bank...take the ones determined in US-$, they are not very liquid but even the ones with 2 years until maturity give you something like 17% p.a.

  8. #8
    jarvol
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    The easy money has been made in junk bonds and interest rates will have to go up not too far down the road. They have good yields so not a bad idea to park some money there for the yield. You can look at funds like PHK, PHT, HYG, JNK, etc. They aren't a get rich quick investment like you seem to believe though.

  9. #9
    jjgold
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    Do brokerages sell them?

  10. #10
    *Torches*
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    no....

  11. #11
    gomiamigo
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    Quote Originally Posted by Call82 View Post
    Example? Buy an government guaranteed bond issued by an irish bank...take the ones determined in US-$, they are not very liquid but even the ones with 2 years until maturity give you something like 17% p.a.
    1) No, they are not yielding that with a 'gov't guarantee.' Or I'd buy all of those with 2 year tenor.

    2) To trade these, you generally have to be an Inst'l investor, or ultra-HNW client. If your broker is offering these to you, he is ripping you off and possibly breaking federal laws.

    3) Buy a mutual fund that will do it all for you at very, Very low fees - like Vanguard. VWEHX, for example. Very easy, prof mgmt, and super cheap. No broker fees.

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