Could you please elaborate on the steps involved in purchasing tradable bonds? As a potential investor, I'm interested in understanding the entire process, from determining which bonds are suitable for my portfolio, to the actual transaction itself. Are there specific brokers or platforms that are preferred for buying tradable bonds? And how do I ensure that the bonds I'm purchasing are safe and legitimate? Furthermore, could you advise on the associated costs and taxes I should consider? Any additional insights you have regarding trading strategies or managing my bond portfolio would also be greatly appreciated.
6 answers
Maria
Wed Jul 03 2024
In an over-the-counter transaction, investors must purchase bonds from brokers, rather than directly on a centralized exchange.
CryptoPioneer
Wed Jul 03 2024
The distinction between stocks and bonds in the realm of trading lies primarily in their market accessibility.
KatanaBlade
Wed Jul 03 2024
Despite this difference, there is a notable exception in the form of U.S. Treasury bonds.
SoulStorm
Wed Jul 03 2024
Unlike other bonds, U.S. Treasury bonds can be purchased directly from the government, offering investors a unique opportunity to bypass the broker-mediated process.
Stefano
Wed Jul 03 2024
While stocks are openly traded on various exchanges, bonds operate in a different manner.