Search found 3 matches

by poiuytr4
Fri Jul 06, 2018 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Callable bond- maintain or take loss?
Replies: 35
Views: 2209

Re: Callable bond- maintain or take loss?

Thank you all for input. My concern is in about 6 years, at 70 1/2, I must start withdrawing from IRA. Should I draw from these “currently” non-interesting bearing and declining two CDs or other investments? For those who calculate well, how much a year do I have to withdraw and how many years will...
by poiuytr4
Tue Jun 12, 2018 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Callable bond- maintain or take loss?
Replies: 35
Views: 2209

Re: Callable bond- maintain or take loss?

As MrTom said, they are structured products. They both had fixed rates for the first year and then a coupon that resets quarterly based on a formula that is linked to the difference between the 30- Year (USISDA30) and the 2-Year (USISDA02) U.S. Dollar Constant Maturity Swap Rates. The good news is t...
by poiuytr4
Wed Oct 04, 2017 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Fund Transfer from Family Estate
Replies: 4
Views: 448

Re: Bond Fund Transfer from Family Estate

As Grabiner mentioned, the coupon on the bonds doesn't tell the whole story as all of bonds are all trading well above par. The yield to maturity of the bonds is less than 4% as the bonds are trading 20% higher than their face value. My opinion is that the estate should liquidate the bonds and then ...