![]() |
School me on Fixed Income 1 Attachment(s) Looking into parking some funds for the short term and was looking into fixed income on TD. I have no idea how to read this chart, can anyone help? Can someone explain the headings? Assume I'll be parking 1k for 30 days and looking for a rate of atleast 1.3% Attachment 23506 |
Don't do it. 1.3% of 1k is 13$ over the entire year with cash parked. Those are all bonds which are Classified as fixed income, but have fluctuations intraday/week/year albeit less than the stock market. You're better off keeping it as either cash or in a banking e-savings account. Coles: Don't do it... you could be at risk of actually losing money in this 'fixed' income fund. |
Also... not sure about what the fee's are. But transaction fee's are around 6$ everywhere now. If you buy AND sell in 30 days, you'll incur a charge of $12... which you would have only recuperated if you had the 1k in the account for an entire year... resulting in a $1.30 profit over an entire year. |
All times are GMT -8. The time now is 01:07 PM. |
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net