Look, there is no need to make this more complicated than it is.
And people love to do this. If we are talking about Treasuries why
do you need to worry about auctions or favorite auctions etc?
Decide 1. How far out do you want to go in expiry? 2. Look at what
that expiry is paying you to hold till expiry. 3. If satisfied with
that rate buy it. If not go out further. It really is no more
complicated than that. Keep it simple. Rates are the best we've had
in a lifetime. Take advantage of it.
Posted by DigiNomad on 24th of Feb 2023 at 03:17 pm
Brophy - to each his own (style). I was the annoying classmate
in b school that got pissed off beyond reason if I got an A- on a
test (it only happened once). I overthink a lot of stuff, but
I was also one of just a handful of people to pass the CFP exam in
my state for the cycle I sat for it. CFP led to RIA...no stopping
for series 65....so being anal does pay off sometimes. I also
consider it a necessary evil when I'm working with other people's'
money. Much different if it's simply your own capital and
retirement at risk.
OK last one, since I know the boys here are trading and don't
want to keep cluttering the board. Here's the E-trade Treas. order
screen. The farther out in maturity you go, the better your Yield
to Maturity. You decide. Just don't sell before expiry. Easy. You
hit buy, enter the # amount you want to purchase and done. Maybe
you need a new broker!
Posted by DigiNomad on 24th of Feb 2023 at 03:55 pm
Brophy, very helpful. Thanks! I clearly need to use another
brokerage account to do the research and then buy them through
IBKR. IBKR's platform is not nearly this user friendly...not even
close.
Or just buy them through another brokerage. Etrade, TD
Ameritrade, and Fidelity all are user-friendly. Open a small amount
first and compare. Have a good wknd!
Well, all I'm saying is that what Treas. to buy is the easiest
decision you can make. If I were you I'd put that anal attention
toward learning something with complexity that requires it. There
are plenty of things in the investment/trading world that does
require that kind of work. But good luck!
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Look, there is no need
Treasuries - Anyone have a favorite expiry date for today? ...
Posted by brophy on 24th of Feb 2023 at 03:12 pm
Look, there is no need to make this more complicated than it is. And people love to do this. If we are talking about Treasuries why do you need to worry about auctions or favorite auctions etc? Decide 1. How far out do you want to go in expiry? 2. Look at what that expiry is paying you to hold till expiry. 3. If satisfied with that rate buy it. If not go out further. It really is no more complicated than that. Keep it simple. Rates are the best we've had in a lifetime. Take advantage of it.
Brophy - to each his
Posted by DigiNomad on 24th of Feb 2023 at 03:17 pm
Brophy - to each his own (style). I was the annoying classmate in b school that got pissed off beyond reason if I got an A- on a test (it only happened once). I overthink a lot of stuff, but I was also one of just a handful of people to pass the CFP exam in my state for the cycle I sat for it. CFP led to RIA...no stopping for series 65....so being anal does pay off sometimes. I also consider it a necessary evil when I'm working with other people's' money. Much different if it's simply your own capital and retirement at risk.
OK last one, since I
Posted by brophy on 24th of Feb 2023 at 03:50 pm
OK last one, since I know the boys here are trading and don't want to keep cluttering the board. Here's the E-trade Treas. order screen. The farther out in maturity you go, the better your Yield to Maturity. You decide. Just don't sell before expiry. Easy. You hit buy, enter the # amount you want to purchase and done. Maybe you need a new broker!
Brophy, very helpful. Thanks! I
Posted by DigiNomad on 24th of Feb 2023 at 03:55 pm
Brophy, very helpful. Thanks! I clearly need to use another brokerage account to do the research and then buy them through IBKR. IBKR's platform is not nearly this user friendly...not even close.
TDA has a great Treasury
Posted by rogerv on 24th of Feb 2023 at 04:05 pm
TDA has a great Treasury board.
Big inventory and easy to read.
Excellent!
Posted by brophy on 24th of Feb 2023 at 04:06 pm
Excellent!
Or just buy them through
Posted by brophy on 24th of Feb 2023 at 04:05 pm
Or just buy them through another brokerage. Etrade, TD Ameritrade, and Fidelity all are user-friendly. Open a small amount first and compare. Have a good wknd!
Well, all I'm saying is
Posted by brophy on 24th of Feb 2023 at 03:30 pm
Well, all I'm saying is that what Treas. to buy is the easiest decision you can make. If I were you I'd put that anal attention toward learning something with complexity that requires it. There are plenty of things in the investment/trading world that does require that kind of work. But good luck!