How to get the best price when buying a bond on the secondary market?
597529
Contact the Edward Jones investment rep nearest you.  Go to their website at www.edwardjones.com and enter your zip code to find the closest office.  With 10,000 locations, chances are there's one within 10 miles of where your live.\n\nAs for WHY your would want to this, contrary to the last answerer'a assertion that brokers don't find bonds sexy and hence don't bother learning about them, throughout their 135-year history, Edward Jones made their business on selling quality bonds to individual investors.  I've found some of the most knowledgable people I know regarding bonds to work for Edward Jones.  In addition, they do so much bond business that they get optimal pricing and that is in turn passed on to you.  When calling around for price quotes, at the very make sure you include them, you won't be sorry.\n\nI should point out that unless you need the money, now is probably not a good time to be selling your bond.  Although long-term interest rates (i.e., that of most bonds, which are driven by economic factors) have little to do with short-term rates (which are directly driven by the Fed), we are nevertheless in a rising interest rate environment and your bond undoubetdly is worth less than it wa a year ago.  Of course, you could be banking on that and need a tax loss for some reason, but barring that, if you're getting good interest, hold onto it until rates go down again to get a more advantageous price.\n\nOf course, when buying bonds specifaclly for the interest income, you should learn not to even care what the price is.  It's hard psychologically, and it takes some getting used to, but it's worth it.  After all, if you're buying a cow for the milk, then what the hell do you care about the price of beef?\n\nHope this help!\n--J.
133628
I have used E*Trade for years.  Low trading price and you can talk with someone if necessary.
1001524
You can start by telling people what They are.\nLook at this http://www.aicpa.org/pubs/jofa/sep2004/boes.htm for a list on why someone should buy EE or I bonds.
206600
1) Open a brokerage account at ameritrade.com\n2) No\n3) Yes (But that makes no sense because you need to pay $10.99 to buy it and another $10.99 when you sell it)
742413
In addition to Yada's reply I also suggest you contact your bank.  They may execute the trade a little cheaper than a full service broker.
241290
Go to a dealler, you might find some in the yellow pages, or sell them at acution to enthusiasts that way they know the real worth and is not as risky as on-line trading.  now I've helped you can you help me? Click on my name and anserw my question please!!!
154278
You can buy jewellery or gold bars or go for something more like...Gold-linked bonds and structured notes\n \n>A number of the world's largest bullion dealers and investment banks issue gold linked bonds in various forms. Typically, these products provide investors with some combination of:\n1-Exposure to gold price fluctuations\n2-A yield\n3-Principal protection \n \nThis link has some good stuff you can check - I use it to track the troy ounce price every day to keep a watch for one client...\n\nYou can register to this web and access more on gold...talk to a investment advisor as well...their are other good commodities too...
575085
Your question is too general.  Even in hot markets, you will find the occassional bargain if you are willing to accept something that needs work or perhaps has some less than ideal variable.
297576
i think its the money that u will have when you sell your bond,and you can use it for purchasing a house.for more informations you can use this site: http://money.cnn.com/pf/101/lessons/7/
917356
forget eBay, as you'll likely get the bare-minimum sale price. Have a look through your local trading papers and see what the average price is for similar models, and then judge your selling price accordingly.\n\nKeep in mind you'd want to get in quickly as ppl are already beginning to flood the market as many get ready for Vista
458363
Put one on ebay, and let supply and demand tell you.  You could set the reserve price so that it can't sell too low
609896
Bond prices go down as interest rates go up and vice versa.  Bonds need to pay the going rate in the market or they will not sell.  If interest rates go up, the rate that bonds must pay also goes up.  When these rates go up, any existing bonds that are being held drop in price because no one will pay the same price for a bond with a lower interest rate.  \n\nEx: I buy a bond today for $1000 with a coupon rate(interest rate) of 5%.  One year from now, a $1000 bond is available with a coupon rate of 6%.  An investor would no longer pay $1000 for the first bond because they could buy the second bond for the same price and receive more interest.  So the price of the 5% bond would drop.
324593
A broker is your best bet as they can shop between all the banks for you to find the best rates.  Rates are as low as 1% on adjustible ARMs and 5.5% on fixed rates.  Let me know if I can help.
91490
for convience sake, find the nearest discount broker with an office.\n\nSchwab, Fidelity, Ameritrade or Scottrade ... for a few stock sales any of them would work. Scottrade being the cheapest. If you are going to leave the money in your account, then Fidelity would be best as they have a higher paying sweep money market.
922472
The best relative safe one that I have found is a Bond fund that Charles Schwab has--it currently pays 5.8%.  I have some funds in it and did a lot of checking before going in that direction.  Schwab is a good Co. to deal with --no conning or high-pressure.\nRemember the "rule of 72" says that your 5.8% compounded and reinvested will double in 12 and 1/2 years.
875165
It's not yet worth the face value of $100.00.  Without knowing what series bond you have (like and I Bond, or EE) and the month and year it was issued there's no way for me to tell exactly.  An EE bond issued in Jan, 1997 is worth about $71.\nIf you go here \n\nhttp://www.savingsbonds.gov/BC/SBCPrice\n\nyou can price your bonds without going to the bank\n\nbonds usually take at least 20 years to reach face value, depending on the interest rate at the time of purchase.  they'll earn for a total of 30 years, then they are considered mature.  Savings bonds are actually a decent small investment because the interest rates are higher than some small savings accounts.
493351
It's definitely legal. It's called the ForEx market and there are scams on TV trying to sell programs that supposedly tell you when to buy and sell various currencies. Anyway, it's probably the riskiest market possible for trading. Also, you lose lots of the money in comissions, etc, so you're probably better off just buying a bond.