A primer for investing in fixed income: all types of bonds. Explains what effects their value; how they trade. This description may be from another edition of this product.
The book is an easy read and full of useful information. A great place to begin to understand bonds. The book is wrriten by someone with "Big Bank" experience selling bonds, not just someone with a CFP (like the Bonds for Dummies book). By the way the author of the Bonds for Dummies books states the CFP and the CFA designations as similar...wrong. The CFP does not cover investing anywhere near the level of a CFA...when an author makes such uninformed statement I have no confidence in his book. Anyway, this is not a book about duration, convextiy or OAS, but you will learn enough to make basic Bond investing decesions.
Best bonds book for novices
Published by Thriftbooks.com User , 17 years ago
I have 4-5 books on bond finance -- of all introductory-level bond books this is my favorite. Most books on bonds put me to sleep -- not this one. It covers all the major topics without patronizing the reader. My one complaint is about the physical construction of the book. It's not available in HB and the cover is quite flimsy and curls easily. In fact this seems to be characteristic of the "Getting Started" series. The publisher needs to improve the durability of the binding.
License to Compound
Published by Thriftbooks.com User , 19 years ago
This is an excellent book for someone with moderate knowledge of the stock market and is interested in learning about bonds. I would not recommend this for complete beginners because there are many references to economics and finance that might be difficult for a first time investor to understand. It seems best suited for intermediate investors. Getting Started in Bonds does a great job explaining the various types of bonds available: treasury, municipal, corporate, mortgage backed securities, etc. It will make you aware of the options you have available when searching for a good deal. It also puts you in a good mode for taking all factors into account such as the possible tax advantages of a particular bond, determining how much liquidity you want with your bonds, etc. Overall, it's a good reference to have on hand. It also helps to read more than once, as there are many things to remember. However, I am surprised at the amount of useful information crammed into this small easy-to-read book. Investors, as well as business students, will find this book Getting Started in Bonds an excellent investment.
Excellent Guide to the Bond Market!
Published by Thriftbooks.com User , 24 years ago
This book is brimming with information on bonds. It is a straightforward guide for people just getting started in the bond market. The examples and definitions are extremely useful, and help to demystify the subject. And it is easy to read!
A useful primer on the bond markets
Published by Thriftbooks.com User , 25 years ago
I quite liked the style - it is an easy book to read. It has quite a few useful tips of the trade. It is obviously an introductory level text and skates over most of the technicalities, but it's very good on the stuff that it does cover. There are one or two typographical errors (mislabelled diagrams etc.) that may cause a bit of confusion. Overall though, I thought that it was very good.
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