Order from a Major Online Bookstore
Ultimate Book Price Comparison Engine
Save Your Time And Money
| AnyBook4Less.com | Order from a Major Online Bookstore |
|
| Home | Store List | FAQ | Contact Us | | ||
| Ultimate Book Price Comparison Engine Save Your Time And Money |
||
 |
Title: The Bond Book: Everything Investors Need to Know About Treasuries, Municipals, GNMAs, Corporates, Zeros, Bond Funds, Money Market Funds, and More by Annette Thau ISBN: 0-07-135862-5 Publisher: McGraw-Hill Trade Pub. Date: 02 November, 2000 Format: Hardcover Volumes: 1 List Price(USD): $29.95 |
Average Customer Rating: 4.73 (15 reviews)
Rating: 5
Summary: Intelligent, comprehensive book
Comment: This is a clear, thorough, comprehensive look at the world of bonds, starting with some general explanations and then going through each major category of bond in turn. The only problem is that the book is getting old and some of the examples and explanations are based on market conditions that no longer exist. However, the book is excellent and certainly stands the test of time.
Rating: 5
Summary: Straightforward and Clear
Comment: I really liked this book. It was well written and organized clearly. Everyone is crazy about stocks, so not much is really known about bonds. I read another book on bonds and still was unsure. This book was different. It was clear and thorough on all types of bond issues and offers clear warning on risks. Bonds are not as safe as I thought - if you think they are, definitely read this book. Many good ideas on setting up safe portfolios that will do well over time.
Rating: 4
Summary: comprehensive review of bonds
Comment: This book can help you make money. How? It reviews the history of spreads between Treasuries and Municipals, between Treasuries and Junk bonds, and between Treasuries and other types of bonds/securities. By buying the appropriate security when the spread is abnormally large by a wide margin, which admittedly may only occur once every ten years or so, I believe one could make a ton of money. An example would be to buy junk bonds when the spread between junk and treasuries exceeds 1200 basis points. Another example would be to buy municipals if their yield surpasses the treasury benchmark. Patience will be required, though, since, as the author points out, it is tough to make a killing in the bond market all the time (i.e. the market is usually highly efficient).
The author also does a terrific job pointing out the different types of risk (reinvestment, inflation, currency, interest rates, credit, etc.) for all the different types of securities and duration of securities. She then tells you how to select a security appropriate for your needs given the risks. For example, if you don't want to worry about a rise in rates destroying the value of your bond, buy one that you can hold to maturity and collect at par. Better yet, buy one with a short duration.
In conclusion, any well rounded financier needs to know about bonds--even Warren Buffet--the famous "stock picker"--invests a ton in bonds. This book is a great start to earning this skill.
 |
Title: The Bond Bible by Marilyn Cohen ISBN: 0735201382 Publisher: Prentice Hall Press Pub. Date: 05 June, 2000 List Price(USD): $25.00 |
 |
Title: The Intelligent Asset Allocator: How to Build Your Portfolio to Maximize Returns and Minimize Risk by William J. Bernstein ISBN: 0071362363 Publisher: McGraw-Hill Companies Pub. Date: 22 September, 2000 List Price(USD): $29.95 |
 |
Title: The Strategic Bond Investor : Strategies and Tools to Unlock the Power of the Bond Market by Anthony Crescenzi ISBN: 0071387072 Publisher: McGraw-Hill Trade Pub. Date: 14 June, 2002 List Price(USD): $29.95 |
 |
Title: Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor by John C. Bogle ISBN: 0471392286 Publisher: Wiley Pub. Date: 06 October, 2000 List Price(USD): $19.95 |
 |
Title: The Four Pillars of Investing : Lessons for Building a Winning Portfolio by William J. Bernstein ISBN: 0071385290 Publisher: McGraw-Hill Trade Pub. Date: 26 April, 2002 List Price(USD): $27.95 |
Thank you for visiting www.AnyBook4Less.com and enjoy your savings!
Copyright� 2001-2021 Send your comments
