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School me on Fixed Income School me on Fixed Income
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Old 01-14-2015, 07:53 PM   #1
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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%

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Old 01-14-2015, 09:39 PM   #2
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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.
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Old 01-14-2015, 09:41 PM   #3
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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.
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