Quote:
Originally Posted by Unregistered
I don't touch bond ladders with a 10ft pole. The private banks make too much money off them. For bonds, I buy direct, but it's $250K to $1m minimum investment. Picked up some Capitaland bonds in 2009 for 10% yield!
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Don't quite understand this? What u mean by pb make money off ladders? They make the same right? I construct my own ladder of individual bonds expiring in various years and pay them the normal spread and commission. What I do to make sure they don't make too much is to get 2 pb to quote and buy from cheaper one. I usually pay 0.2 commission for each bond bought. Have about 30+ individual bonds now with about 4-5 maturing per year.