REVscene - Vancouver Automotive Forum


Welcome to the REVscene Automotive Forum forums.

Registration is Free!You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! The banners on the left side and below do not show for registered users!

If you have any problems with the registration process or your account login, please contact contact us.


Go Back   REVscene Automotive Forum > Vancouver LifeStyles (VLS) > The Business and Financial Forum
School me on Fixed Income School me on Fixed Income
Register FAQ Calendar

The Business and Financial Forum THIS SPACE OPEN FOR ADVERTISEMENT. YOU SHOULD BE ADVERTISING HERE!
Revscene Wall Street.
Consolidating debt? Good business tips? Buying stock? How's our economy doing? Discuss and share advice and tools on everyday banking, investing, wealth management and insurance.

Reply
 
Thread Tools
Old 01-14-2015, 07:53 PM   #1
MiX iT Up!
 
tiger_handheld's Avatar
 
Join Date: May 2006
Location: vancouver
Posts: 8,138
Thanked 2,069 Times in 867 Posts
Failed 642 Times in 183 Posts
School me on Fixed Income
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%

Capture.JPG
Advertisement
__________________

Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.

Make the effort and take the risk..

"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt
tiger_handheld is offline   Reply With Quote
Old 01-14-2015, 09:39 PM   #2
SiRVs up, dude
 
SiRV's Avatar
 
Join Date: Jan 2004
Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
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.
__________________
My Feedback Rating
SiRV is offline   Reply With Quote
This post thanked by:
Old 01-14-2015, 09:41 PM   #3
SiRVs up, dude
 
SiRV's Avatar
 
Join Date: Jan 2004
Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
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.
__________________
My Feedback Rating
SiRV is offline   Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


All times are GMT -8. The time now is 12:45 AM.
Contact Us - REVscene.net - Archive - Privacy Statement - Top

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