davy (09/08/82)
#N:pur-ee:14900001:000:473 pur-ee!davy Sep 8 08:42:00 1982 Has anyone out there ever invested in U.S. Treasury Bonds/Notes? I just inherited a few of them last month, and while I realize I can just hang on to them until maturity, it seems I can also sell them on the Stock Exchange. I'm just curious as to how profitable others have found this (buying/selling) to be. Mail responses to me, and I'll summarize them for the net in a week or so. --Dave Curry, Purdue E.E. Department decvax!pur-ee!davy ihnss!pur-ee!davy
rick@sri-unix (09/10/82)
There was a financial advisor/expert on the America Overnight radio talk show last week who said that Treasury Bonds are all that he personally invests in due to their security and relatively high interest rates. --Rick Wilson, Tektronix teklabs!rick
davy (09/18/82)
#R:pur-ee:14900001:pur-ee:14900002:000:1354 pur-ee!davy Sep 17 11:53:00 1982 Well, I only got two responses to my note on Treasury Bonds, just for anyone interested, here they are: From decvax!cca!ima!johnl Fri Sep 10 06:05:14 1982 Date: Thu Sep 9 23:12:36 1982 Subject: Treasury notes To: cca!decvax!pur-ee!davy Sure, you can buy them or sell them, but they're not much of a speculative play. Since about as risk-free an investment as there is, the price just reflects prevailing interest rates. The best thing you can say about them is that the income is free of state (not Federal) income taxes. If you want security, hold on to them. If you're brave, sell them and buy Chrysler bonds, which are very cheap and will be quite profitable if they stay in business long enough to pay you back. John Levine, decvax!cca!ima!johnl. From decvax!utzoo!watmath!padpowell Fri Sep 10 07:13:21 1982 Date: Thu Sep 9 09:13:49 1982 To: utzoo!decvax!pur-ee!davy Subject: Trash disguised as US treasury bonds My personal feeling it to sell the fool things and invest the money in medium and short term paper. Also, my friendly (for the amount I pay him he should be) broker/analyst says the amount you get is going to be a lot lower than you think, as the US treasury notes market is really screwed up. Dither dither dither --Dave Curry