How to sell bonds?

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htdrag11
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Joined: Wed Nov 02, 2011 9:22 pm

How to sell bonds?

Post by htdrag11 »

I'll be in the process of moving last of my actively managed accounts from TD to Vanguard Brokerage. 20% of the portfolio are held in 8 various bonds, such as Wells Fargo SUBORDINATED MEDIUM TERM NOTE maturing in 2023.

I have sold stocks before, but never bonds. How does one submit an order to liquidate? TD charges $40 + $1.50/1,000 while Vanguard's fee is $1/$1,000.

Thank you.
denismurf
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Joined: Wed Sep 19, 2007 6:29 pm

Re: How to sell bonds?

Post by denismurf »

Unless you are desperate, hang onto those bonds until maturity rather sell them on the secondary market, where you not receive anything close to their listed fair market value.
Valuethinker
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Re: How to sell bonds?

Post by Valuethinker »

[EDITED]
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htdrag11
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Re: How to sell bonds?

Post by htdrag11 »

denismurf wrote:Unless you are desperate, hang onto those bonds until maturity rather sell them on the secondary market, where you not receive anything close to their listed fair market value.
Guess I would just moved them over. Thanks.
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