How To Buy Corporate Bonds On Fidelity | Bond Investing For Beginners

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  • Опубликовано: 4 ноя 2024

Комментарии • 81

  • @DiamondNestEgg
    @DiamondNestEgg  6 месяцев назад +1

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    Here is the overview for Bond Beginners:
    1. Bond Basics
    What A Bond Is & How A Bond Works
    Why Invest In Bonds
    New Issue vs Secondary Market Bonds
    Interest Rates & Bond Prices
    Current Yield & Yield To Maturity
    Always Remember This!
    Buying At Par, Above Par & Below Par
    Different Types Of Bonds
    Wrap-Up
    2. The Risks Of Bond Investing
    Seven Key Bond Risks
    Credit Risk
    Interest Rate Risk
    Reinvestment Risk/Call Risk
    Inflation Risk
    Liquidity Risk
    Currency Risk & Country Risk
    Bond Risk Mitigation Strategies
    Wrap-Up
    3. US Treasuries Overview
    What Are US Treasuries
    Why Invest In Treasuries
    Where Can You Buy Treasuries
    How Are Treasuries Taxed
    Wrap-Up
    4. Treasury Bills
    What Are Treasury Bills (T-Bills)
    When Do T-Bill Auctions Happen
    Where Should You Buy At Auction
    Auto-Roll When Buying At Auction
    Where To Find Recent Auction Results
    High Rate vs Investment Rate
    Reopening Auctions
    Cash Management Bills (CMBs)
    Buying & Selling On Secondary Market
    Wrap-Up
    5. Treasury Notes & Bonds
    What Are Treasury Notes & Bonds
    When Do Auctions Happen
    Buying Treasury Notes & Bonds
    Auction High Yield vs Interest Rate
    Floating Rate Notes (FRNs)
    Treasury Zeros (STRIPS)
    Wrap-Up
    6. TIPS (Inflation-Protected)
    What Are TIPS
    When Do TIPS Auctions Happen
    Nominal vs Real Yields
    Negative Yields
    How Do You Adjust TIPS For Inflation
    Taxes On Phantom Income
    Secondary Market Liquidity
    Wrap-Up
    7. I-Bonds (Inflation-Protected)
    What Are I-Bonds
    How Does I-Bond Interest Work
    I-Bonds vs TIPS
    The Annual I-Bond Limit
    Wrap-Up
    8. Agency Bonds
    The Universe Of Bonds
    What Are Agency Bonds
    How Are Agency Bonds Taxed
    Treasuries vs Agencies
    Who Might Want To Consider Agencies
    Yield-To-Call & Yield-To-Worst
    Where Can You Buy Agency Bonds
    Wrap-Up
    9. Municipal Bonds
    Our Bond Universe Gets More Complex
    What Are Municipal Bonds
    How Safe Are Munis
    How Are Munis Taxed
    The De Minimis Rule
    Social Security & Medicare Premiums
    Treasuries, Agencies & Munis
    Who Might Want To Consider Munis
    Wrap-Up
    10. Corporate Bonds
    Our Bond Universe Is Complete
    What Are Corporate Bonds
    How Safe Are Corporates
    Corporate Bond Hierarchies
    Five Key Features Of Corporate Bonds
    How Are Corporates Taxed
    Treasuries vs Corporates, Etc.
    Who Might Want To Buy Corporates
    Wrap-Up
    >>>>>>>>>>
    Here is the overview for Bond Masters:
    1. Stocks vs Bonds
    Historical Performance
    Are Bonds Really Less Volatile
    Why Invest In Bonds
    Accumulation vs Decumulation
    Allocation of Stocks vs Bonds
    Wrap-Up
    2. Which Bonds Might Be Right For You
    Treasuries & Other Types of Bonds
    Nominal vs Real Yields
    Inflation vs Non-Inflation-Protected
    Taxable vs Tax-Advantaged Accounts
    Wrap-Up
    3. Bond Ladders & Other Bond Strategies
    Normal vs Inverted Yield Curve
    What Is A Bond Ladder
    5 Important Bond Laddering Questions
    Laddering When Rates Are Rising
    Laddering When Rates Are Falling
    Laddering When Rates Are Uncertain
    What Is A Bullet
    What Is A Barbell
    Wrap-Up
    4. Holding to Maturity vs Selling Early
    Why Hold to Maturity
    When To Sell Early Before Maturity
    Tax Implications Of Selling Early
    Wrap-Up
    5. Individual Bonds, Bond Funds, Etc.
    Why Buy Individual Bonds
    Why Buy Bond Funds
    Bond Fund Considerations
    Key Bond Fund Concepts
    CDs vs Treasuries
    Other High-Yield Investments
    Wrap-Up
    6. Our B.E.S.T. Model Portfolios By Age
    Our B.E.S.T Model Portfolios By Age
    Model Portfolios In The Industry
    B.E.S.T Model Portfolio Difference
    How Much Do You Need To Retire?
    How I Use The Rules of 100, 110, & 120
    B.E.S.T Model Portfolios (20s)
    B.E.S.T Model Portfolios (30s & 40s)
    B.E.S.T Model Portfolios (50s & 60s)
    B.E.S.T Model Portfolios (70s+)
    Wrap-Up
    7. The Decumulation Phase
    What Is The Decumulation Phase?
    Bear Markets & Recessions
    What Can You Do In Bad/Bear Markets
    Decumulation Tax Considerations
    The 4% Rule
    The Bucket Strategy
    The Flooring Approach
    Jen’s Bucket Strategy With A Twist
    Wrap-Up
    >>>>>>>>>>
    SOURCE: www.fidelity.com/
    >>>>>>>>>>
    Thanks for visiting our personal finance channel! We hope this content will help fast-track your financial journey! Everyone's financial journey is different. Please note that: 1) there are questions/ comments which I will not be able to answer without fully understanding your financial, personal & other circumstances & 2) we will not ask you to call us or send us money in the comments on this channel or any of our other social media accounts, so if you see comment(s) along those lines, it is most likely spam - PLEASE DO NOT ENGAGE WITH SPAMMERS OR GIVE OUT YOUR PERSONAL INFORMATION FOR YOUR OWN SAFETY.

  • @ScooterOnHisWay2024
    @ScooterOnHisWay2024 6 месяцев назад +16

    Thank you for speaking slowly and enunciating so clearly in all of your videos. These are not processes that should be rushed through. I appreciate your well articulated step-by-step instructions on this and other processes you have discussed in the past.
    I say this every time I post on your videos - I have made a lot of money by *paying attention* to the things you discuss in your videos - and by following these step-by-step instructions when acting on my investment decisions. Thank you as always, Jennifer!

  • @kennethreedy5258
    @kennethreedy5258 6 месяцев назад +9

    You are among my favorite RUclipsrs. Thank you for all you do.

  • @cookmaster3626
    @cookmaster3626 6 месяцев назад +10

    Your tutorials are great the way you explain in simple and to the point details. Thanks for your great service.

  • @edwardkierklo9757
    @edwardkierklo9757 19 дней назад +1

    Here is a tip for you corporate bond holders. Owned some Chesapeake Energy bonds paying a nice coupon. Was assured they were safe. The company declared bankruptcy and zi lost it all. HOWEVER IF THEY OFFER TO BUY YOUR BONDS AT PAR TAKE THEM UP ON IT.

  • @shivamvishnu5539
    @shivamvishnu5539 6 месяцев назад +14

    Appreciate your videos. One request : Can you walk through what may happen if these corporate bonds default. When, how and will we get our money back? Uncertainty regarding this is what prevents a lot of retail investors in investing directly in investment grade corporates. It seems going with bond mutual fund or etf is always a better option than buying individual corporate bonds.

    • @camus83489
      @camus83489 6 месяцев назад

      this is super interesting to know too.

  • @Paulschultz-ny6hz
    @Paulschultz-ny6hz 6 месяцев назад +9

    Thank you again you are a great instructor.

  • @vinceau808
    @vinceau808 6 месяцев назад +1

    Thanks for the video! I Jumped in and purchased a small amount of Corporates. Nothing ventured, nothing gained my mother would always say. 😊

  • @deepaksubramony5438
    @deepaksubramony5438 6 месяцев назад +53

    Locking up money for 10 years in a single BBB- issuer's bond sounds WAY too risky, even with a 7.5% coupon. You can get a higher rate of return for WAY less risk simply by investing in an S&P 500 tracking index fund. Bonds are supposed to be LESS risky than stock funds, not more. If you must buy individual corporates, stick to A and higher. Even better, just buy US treasuries or FDIC-insured brokered CDs.

    • @poolmilethirty2859
      @poolmilethirty2859 6 месяцев назад +7

      Sounds accurate, not to mention less complicated for the novice investor.

    • @jdgolf499
      @jdgolf499 6 месяцев назад +7

      There is nothing wrong with tying some money up into bonds like this, with pretty much guarenteed returns. Yes, generally the s&p would do better, but you have decades, such as the 1970's and 2000's, where the s&p is flat, or slightly negative. With the run it has had the past decade +, I could see another decade of flat to slightly up performance.

    • @alicedai98
      @alicedai98 6 месяцев назад +3

      It might not tight up the $ for 10 years, if rate drops, company might decide to call the high yield bond in to refinance, if Fed drop rate a few times, you can sell it in open market with profit. The risk is when the company gets lower rating or default or the bond is called and you end up holding cash in low rate environment.

    • @g.t.richardson6311
      @g.t.richardson6311 6 месяцев назад +3

      There is a small place for this in a larger portfolio, but your point is well taken

    • @rightangletriangle3188
      @rightangletriangle3188 6 месяцев назад +3

      I think with the risk/reward with BBB- bond, I would rather own SPY. Bond in my portfolio is supposed to be safe to balance out the risk in stocks.

  • @keithmachado-pp6fv
    @keithmachado-pp6fv 6 месяцев назад +8

    Great video as always. I have been going with Agency bonds. 6.5% in 20 year, 6.15% on 5 and 10 year. All callable but YTW is same as YTM as purchased at Par. AAA rated.

    • @DiamondNestEgg
      @DiamondNestEgg  6 месяцев назад +3

      Thanks for sharing! We haven’t found any new issues with good rates that are non-callable currently (for obvious reasons given the market environment right now).

    • @ericp1480
      @ericp1480 6 месяцев назад +4

      All of my 6%+ agency bonds got called last December. Lessons learned the hard way I guess.

    • @keithmachado-pp6fv
      @keithmachado-pp6fv 6 месяцев назад +3

      Oh I want it called eventually. I went with ones at least 6 to 12 months from first call date. They are all below par now so guessing next year.

  • @JilianToree
    @JilianToree 3 месяца назад

    An amazing video, thanks! This gives me real world perspective for my series 65 exam.

  • @bernardaflores1720
    @bernardaflores1720 6 месяцев назад +7

    Interesting video, can you do a Video on How to Read a Prospectus and what items to watch for.

    • @poolmilethirty2859
      @poolmilethirty2859 6 месяцев назад +1

      Good question. Even though she highly recommends reading them, who really reads and understands the myriad + pages?

    • @bernardaflores1720
      @bernardaflores1720 6 месяцев назад

      @@poolmilethirty2859 Does so true

  • @joewatts9132
    @joewatts9132 6 месяцев назад +4

    Very interesting. Interesting company (in what they do) and seems like a good investment (other than the continuously callable component). Right off the bat I wonder how prone this company is calling in their bonds and whatnot. Wondering if that's the "duration" or something else (probably), I could always search. Very thorough description too.

    • @joewatts9132
      @joewatts9132 6 месяцев назад +1

      @@youeweu I answered to this earlier but for whatever reason it deletes, I think it was youtube. PSEC hasn't deviated from the single digit price range for a little while (you can see this from the max range on any price chart) but it has gone down steadily from $8.88 or so until now. I'd pay more attention to financials (which I know nothing about), whether they have defaulted on their debt (which I can't remember if this was covered in video, but I know nothing about)...in fact it may be because they have a some what unfavorable rating connected to them that is the reason for the higher risk debt offering, I am not an expert. Remember you aren't buying the stock (but you can use this as a factor) but supplying a company money they will pay you back later and with interest attached. The callable feature gives me pause the most, may not get the full 7.5% before they call it back.

  • @poolmilethirty2859
    @poolmilethirty2859 6 месяцев назад +1

    Thank you, Jenn. As always, a detailed explanation with great visual slides. Is there a video of the index funds you recommend or invest in for buying and leaving long-term for younger folks?

    • @DiamondNestEgg
      @DiamondNestEgg  5 месяцев назад

      Not at this point, but we’ll add it on the list!

  • @Scientist538
    @Scientist538 6 месяцев назад +1

    so informative, great alpha

  • @jbro6236
    @jbro6236 6 месяцев назад +2

    PSEC is a solid company. Thanks for bringing this offer to our attention.

    • @jbro6236
      @jbro6236 6 месяцев назад

      @@variousstuff6469 because they are loaning that out for more, duh!

  • @joesmith9483
    @joesmith9483 6 месяцев назад +6

    could you show great munipal bonds to purchase on fidelity??

    • @marysjourney2
      @marysjourney2 6 месяцев назад

      this would be great, and also the best place to keep them/buy them in.

  • @johnm8693
    @johnm8693 6 месяцев назад

    So here's a question...based on info at 11:52 - Why would I be able to BUY a corporate bond like the one in question at my broker but then NOT have it listed on an exchange for potential sale later? Seems like a risky thing to have nothing but a "entrance" at inception but no exit if you'd like to sell in the future.

  • @whistlebloer8254
    @whistlebloer8254 6 месяцев назад +3

    With limited liquidity, this is probably more suitable for people who are actually prepared to tie up the funds for 10 years.

    • @alicedai98
      @alicedai98 6 месяцев назад +1

      I just sold two of mine 2026 bond from the same company in Fidelity within one day, pricing has to be competitive.

  • @Hybridog
    @Hybridog 5 месяцев назад

    So Fidelity has various money management services. Do they have one that would manage a 100% bond protfolio? And by managed I mean, they make all the decisions as to what is bought and sold, and I would only choose the guiding strategy.

  • @yuriw777
    @yuriw777 6 месяцев назад +4

    Will you do the same for Schwab?

  • @WeibenWang
    @WeibenWang 6 месяцев назад

    I think understood everything except “…and will not be listed on any exchange, which may negatively impact its liquidity…” Why not? What does that mean? Can it be traded on the secondary market?

  • @SurfCityBill
    @SurfCityBill 5 месяцев назад

    If I decide to sell the bond prior to maturity, will it sell as easily as an equity?

  • @PhilTomson
    @PhilTomson 6 месяцев назад +1

    That part at 11:50: "And will not be listed on any exchange" that was kind of a record scratch moment. How can we tell if a bond will or will not be listed on exchanges?

    • @johnm8693
      @johnm8693 6 месяцев назад

      My question exactly...Sounds like all the benefits and optionality accrue to the issuer and not the investor

  • @johnsad5969
    @johnsad5969 6 месяцев назад

    Quick question: I bought I bond in September 2022. Would I still get the same rate of return for the next 6 months as of a new I bond buyer ? thank you for your help always .

  • @dbest4755
    @dbest4755 6 месяцев назад +2

    Jennifer - need baby steps to buy bonds in Vanguard.

    • @DiamondNestEgg
      @DiamondNestEgg  5 месяцев назад

      It’s on the list!

    • @dbest4755
      @dbest4755 5 месяцев назад

      @@DiamondNestEgg OK I'm waiting...

  • @greganderson4476
    @greganderson4476 6 месяцев назад +1

    Maybe a dumb question, why not just buy stock in the company and get a 13% dividend?

    • @sonjasssggg4575
      @sonjasssggg4575 6 месяцев назад +1

      Wow.. they really pay 13% dividends!Anyway, Food for thought:..., Bond holders are more likely to recover more of of their investment money in the hierarchy of bankruptcy proceedings as compared to the stock holders.
      Its all about the risk I guess.

    • @M.2000-v2g
      @M.2000-v2g 6 месяцев назад

      Stock price fluctuate. Usually, when the dividend % is very high, it means the company isn't doing good. For a single company dividend that gives 13%, the only type I can think of are REITs which have been tanking for the past 2 years.
      If you're interested in dividends, check out SCHD. It gives a 3.5% dividend rate and has very solid companies in its holdings

  • @r3vo_fastskin
    @r3vo_fastskin 6 месяцев назад

    Are corporate bonds guaranteed by a regulating body like fdic/sipc?

  • @curraja14
    @curraja14 3 месяца назад

    i have a bond mutual fund from fidelity and it only loses money.

  • @k.6160
    @k.6160 6 месяцев назад +1

    Wow, there's a lot to that.

  • @eliseleblanc740
    @eliseleblanc740 6 месяцев назад +3

    I wish in real life when I accomplished something confetti would fall.

  • @johnsmith-dm2tq
    @johnsmith-dm2tq 6 месяцев назад

    what percent of all bbb- bonds fail....??.Historically, investment-grade bonds witness a low default rate compared to non-investment grade bonds. For example, S&P Global reported that the highest one-year default rate for AAA, AA, A, and BBB-rated bonds (investment-grade bonds) were 0%, 0.38%, 0.39%, and 1.02%, respectively. what happens when a bond fails??

    • @sonjasssggg4575
      @sonjasssggg4575 6 месяцев назад

      Jen has a great table in one of her videos on bonds that has all the info you might want.. rate of defaul on credit ratingt vs time of the life of bond... I cant remember the video title ( maybe about a year or so ago) but maybe someone can link it if they know which video it is.

  • @fan-om4vo
    @fan-om4vo 6 месяцев назад

    any bond ETF can offer similar yield?

    • @bernardaflores1720
      @bernardaflores1720 6 месяцев назад +1

      ETF's no maturity so price fluctuates a lot more

  • @jamespier7801
    @jamespier7801 6 месяцев назад +1

    why would someone do that?

  • @stanbecks1097
    @stanbecks1097 6 месяцев назад

    BONDS? What happened to treasury's for us much older folks?

    • @stanbecks1097
      @stanbecks1097 6 месяцев назад

      If you live in n.y., state tax free and they are as liquid as t bills ,show me, @@salvaje20

    • @sonjasssggg4575
      @sonjasssggg4575 6 месяцев назад

      Agency bonds (10-20 yrs) are a bit higher than T-bills but not as high as the corporate bond she was talking about in the video..And they have a better credit rating than that corporate bond but they are still callable..

  • @cedarxeda2665
    @cedarxeda2665 6 месяцев назад +1

    7.5% for 10 years tenure????? Is that what I heard?

    • @wendyluo-elliott9411
      @wendyluo-elliott9411 6 месяцев назад +1

      I promise you it will be called

    • @sonjasssggg4575
      @sonjasssggg4575 6 месяцев назад +2

      Just my opinion,,: It will probably be called, but on the good side you will get a pretty good interest rate till then....better rate than a 26 week TBill . And another consideration is, since it is barely investment grade (thus the high rate of 7.5%) if it is called, then there is less risk long term.
      Just remember that callable bonds Benefit the issuer, Not the investor... if rates drop, the issuer can call and reissue new bonds at a lower rate and you'llhave to find another place to put your money. But if they go up, they will keep your money on the hook so you can't get the higher rate elsewhere. It's a win_win for them.
      But 7.5% is a good rate if you can tolerate the risks...credit rating, long and short term, etc.

    • @DiamondNestEgg
      @DiamondNestEgg  6 месяцев назад

      @sonjasssggg4575 I see you’ve been watching our callable bond videos :-) Jennifer