I honestly get where you are coming from and I do not know much about bonds. But I was wondering how could he have known BOU would be putting up other bonds for sale that were similar to the one he had bought and would give him a higher return at the end of the day?...does the bank have a publication someone can follow or so where it is displayed within which periods certain bonds will be put up on the market?...like on a quarterly basis for instance...or is this more or less insider information one has to obtain and in which case wouldn't this be unethical?
The Market is brutal, I wrote about the Bond being sold 2 weeks in advance. There are around 3 20 Year Treasury bonds on market, who advised him to go for this? Why didn't he negotiate? There are a lot of questions that potentially he didnt know but he would have go professional services.
One thing am curious to know, how does this re-investing work ?Is there a way to do this automatically? Given the nature of human behaviour , assuming that the human will re-invest consistently for the next 20 years is assuming the life they will live will remain the same, which is not true, life happens.
The challenge is the infrastructure right now to buy and sell T-bonds/Tbills is frustrating and this is by design to make it look archaic, complex and that you need the help of an advisor, why can't it be made simpler?
Yes they have lost 200 million if they had waited a few more days, but they did invest and follow through that's a win in my books. We need to celebrate this wins more.
I honestly get where you are coming from and I do not know much about bonds. But I was wondering how could he have known BOU would be putting up other bonds for sale that were similar to the one he had bought and would give him a higher return at the end of the day?...does the bank have a publication someone can follow or so where it is displayed within which periods certain bonds will be put up on the market?...like on a quarterly basis for instance...or is this more or less insider information one has to obtain and in which case wouldn't this be unethical?
The Market is brutal, I wrote about the Bond being sold 2 weeks in advance. There are around 3 20 Year Treasury bonds on market, who advised him to go for this? Why didn't he negotiate? There are a lot of questions that potentially he didnt know but he would have go professional services.
Very informative article!
One thing am curious to know, how does this re-investing work ?Is there a way to do this automatically? Given the nature of human behaviour , assuming that the human will re-invest consistently for the next 20 years is assuming the life they will live will remain the same, which is not true, life happens.
The challenge is the infrastructure right now to buy and sell T-bonds/Tbills is frustrating and this is by design to make it look archaic, complex and that you need the help of an advisor, why can't it be made simpler?
Yes they have lost 200 million if they had waited a few more days, but they did invest and follow through that's a win in my books. We need to celebrate this wins more.