Saturday, March 31, 2007

Bond trading

Investors interested in bonds, which can be less risky than stocks and usually pay regular interest, now have more choices beyond mutual funds.

Following comparison is featured in Wall Street Journal. I don't trade bonds, that's boring for me!

Fidelity.com

Investors can compare prices and terms across roughly 10,000 securities, such as Treasurys, municipal bonds, corporate bonds, CDs and others.

Commissions: 50 cents to $2.50 a bond (prices are twice that if you trade through a sales representative). Investors can also buy newly issued Treasurys online at no cost.

TradeKing.com

Analyze and trade corporate, muni, Treasurys, new issues, CDs and other types of bonds.

Commission: $4.95 per bond ($14.95 minimum per transaction), and $24.95 flat fee for Treasurys and CDs.

TreasuryDirect.gov

Buy newly issued Treasury bonds directly from Uncle Sam in lots as small as $1,000.

Commission: There are no fees to buy or maintain marketable securities, regardless of the amount of holdings.

Zions Direct's Bonds for Less

Compare prices and terms across roughly 10,000 securities, such as Treasurys, municipal bonds, corporate bonds, CDs, and new issues.

Commission: $10.95 flat.

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