PureBytes Links
Trading Reference Links
|
Symbol for iShares GS Investop Corp Bond Fund is LQD which can be executed
at IB for $12.50+- for $200k. In way of another suggestion, I would consider
using Vanguard ST corporate bond fund for low costs.
Earl
----- Original Message -----
From: "EarlA" <earl.a@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, July 03, 2003 10:52 AM
Subject: Re: [RT] commission on corporate bonds...
> Join the sore butt club! I was raped by Fidelity on comparable sized TBond
> orders a year or so ago and posted info here. Commission was free both
ways
> on large orders, however they cleaned my clock on spread (Fidelity is
> dealer) when I sold. Fidelity quotes competitive prices online for online
> purchase but nothing online for selling ... should have sniffed that one
out
> before I was sucked in.
>
> Every time I wire a large sum from Fidelity into Interactive Brokers,
> Fidelity calls to ask if there is a problem and gets an earful. So far
they
> have not refunded any of the $5k+- I was charged in spreads.
>
> More recent bond purchases (high grade municipal and foreign) have been
via
> closed end funds at discount ... very happy with these. I would use the
new
> Lehman indexed ETF's for treasuries (SHY, IEF, TLT) and corporates (don't
> remember the symbol). Also have account with Treasury Direct. I will never
> purchase bonds through a broker again!
>
> Earl
>
> ----- Original Message -----
> From: "Howard Hopkins" <hehohop@xxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Thursday, July 03, 2003 10:10 AM
> Subject: [RT] commission on corporate bonds...
>
>
> > RT,
> >
> > We just got raped on a purchase of $200k of corporate bonds. The broker
> we used charged us $1,000 commission. How does this compare to other
full
> service brokers? Can corporates be purchased through any discount houses?
> >
> > Thanks,
> > Howard
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
> >
>
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
>
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Get A Free Psychic Reading! Your Online Answer To Life's Important Questions.
http://us.click.yahoo.com/Lj3uPC/Me7FAA/ySSFAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|