Anybody take shots with "junk bonds"

[Iwinyourmoney]

Been doing some research.

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

Thoughts?

[jjgold]

Never

Where would one do this??

Any links??

How much do you have to put up??

[mrmarket]

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

[Iwinyourmoney]

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

[bobbyfk]

Never heard of them before

[Call82]

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

[Call82]

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.

[jarvol]

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.

[jjgold]

Do brokerages sell them?

[*Torches*]

no....

[gomiamigo]

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.