👉 Join our growing number of super-supersaver members & help keep our channel sponsorship-free: th-cam.com/channels/nexoc6tvesvcCEzZhmI-Ag.htmljoin WATCH RECENT MEMBER VIDEOS: ⭐ Jen's Muni Investing Strategy | Five Common Muni Pitfalls: th-cam.com/video/cKDIdWD6IFY/w-d-xo.html ⭐ September Live Member Q&A: th-cam.com/video/P1NUBwiYpQk/w-d-xo.html ⭐ August Live Member Q&A: th-cam.com/users/livei0TPm72LbsQ ⭐ Bond Diversification Strategies: th-cam.com/video/aOpvUf5OYHo/w-d-xo.html ⭐ Agency Bonds 101 Deep-Dive: th-cam.com/video/ggjZSBS4TVc/w-d-xo.html Thanks for visiting our personal finance channel! We hope this content will help fast-track your financial journey! Everyone's financial journey is different. Please note that: 1) there are questions/ comments which I will not be able to answer without fully understanding your financial, personal & other circumstances & 2) we will not ask you to call us or send us money in the comments on this channel or any of our other social media accounts, so if you see comment(s) along those lines, it is most likely spam - PLEASE DO NOT ENGAGE WITH SPAMMERS OR GIVE OUT YOUR PERSONAL INFORMATION FOR YOUR OWN SAFETY.
What is the best platform in terms of user friendliness and live customer support? Fidelity, E-Trade or other? Im potentially rolling over an old 401K.
Very clear explanation for a first time muni-bond buyer on Fidelity. Thank you, this helps a great deal. Fidelity should post your video as a tutorial on their New Issues page.
We use Charles Schwab and I would love to see a similar tutorial for Charles Schwab. Thank you! Found your channel recently through the youtube algorithm
Im so glad i didnt really make any big mistakes when i started my investment journey last year. So far I’ve just been sticking small amounts of money (think 1-5 bucks) into companies im sure will continue to exist for the next 5 years and if the stocks do well, i hold on. If not, i reinvest the bad ones into the good ones so i can get higher gains. It’s not fool proof, but i did gain about $40 from putting in $20 into NVIDIA earlier this year so that was pretty nice.
So helpful, just like all your videos. We really appreciate your taking the time to put these together for us! Relative newbie w/bonds here and am curious, if rates drop significantly in say 3 years, would you expect to sell this muni bond at premium? any insight on how to evaluate what the potential premium might be?
Jen, I have a question,hope you can answer! I see a few munis that have SFP, a lower rating (BAA1), BUT are Insured. Would you buy such a muni? Is Muni “Insurance” same as FDIC where I need not worry about safety of my principal?
PLEASE --Can you explain what "coupon" means when looking up Treasury bills, notes, bonds on Fidelity. It doesn't match up with yield so it's confusing. I always pick "Zero" because i understand that one. Please do a video that explains Fidelity coupon/frequency vs Yield. Thank you So much!!!
Coupon is the predetermined interest rate you get every month guaranteed. The yield changes based on your purchase price of your bond. If you purchase the bond at a discount you get a higher yield than coupon rate. If you purchase the bond at a premium you get less "yield" than the coupon rate.
Fidelity there is 15 year FEDERAL HOME LOAN BANKS BOND @7% , maturity date 10/26/2038. SFP protection, not continuously callable. Sounds like a great deal, what you think?
It would be helpful if the date the video was made was included somewhere on the video or the comment page. Not sure if one can really get above 6% in May of 2024.
Your videos are awesome. However, when I go to the Fidelity site and look at municipal bonds, my screen is different from yours. For example, I don’t have a “tax equivalent yield” column. What is “no bid” vs the “ask” bid? Can you explain how to look at the “spread to treasuries” figure under the “price and performance” tab?
If you follow the steps in the video, you'll get to the same screens. The ask price is the price you pay to buy the bond & the bid price is the price you get when you sell the bond.
What is the best platform in terms of user friendliness and live customer support? Fidelity, E-Trade or other? Im potentially rolling over an old 401K.
I made a terrible mistake and sold all my 401K into cash when I lost about 15% of the portfolio last year, worrying the market would drop even more. Do you suggest I should buy all at once to go back to the market? What should I do now? Thank you!
Thank you. I have been looking at Agency bonds for Federal Home Loan Banks which your previous video stated is exempt from State income tax. I have been looking at one with a 6.27% yield with first call date about 6 months out. I feel this is a win as it is higher than a 6 month T bill, so if it is called, I'll still be earning more than if I purchased a 6 month T bill. Is my calculation correct or am I missing something?
You're not considering the risk of the bond not getting called. If I am correct, the bond you are looking at matures on 10/10/2030, seven years from now. Are you prepared to hold to maturity if rates keep going up? If rates shoot up to 8 or 10%, which is not unheard of, you will be stuck at 6.27%, and if you sell then, it would be at a loss.
I was told never to purchased munis above par or 100 because it eats up principal investment. Please explain how you will offset purchasing at a premium.
Hi Jen I don't know where else to put this question so here goes. If I purchase a T-bill from Schwab, especially a 4 to 17 week T-bill, there is usually a one week gap between when the t-bill matures and the settlement date of the next t-bill purchase I can perform of the same maturity... roll-over by hand. This can significantly reduce the annual interest rate on a several month t-bill. Are there any strategies or auto-rollover setups that allow a rollover into the same maturity t-bill without a 1-week gap between maturity and the next settlement date for the same duration t-bill. Thanks and I think your channel is awesome!!
Sorry if this is obvious to some, but I am totally a newb when it comes to bonds. The muni you chose shows what appears to be (screen is a bit fuzzy) a purchase price of a little over $108 per $100 face value, so it appears you are paying a premium of just over 8% over the face value to make the purchase. Does the tax equivalent yield shown in the chart somehow factor in that premium, or do you need to adjust that number yourself to account for the actual tax-free yield you will get over the life of the bond? Maybe treated as a fee paid?
@@GunterandthePenguins I don’t have personal experience with munis, but with most callable bonds the terms of the sale are something like “callable on x date with 5 days notice”. So yes you would ordinarily expect to get notice.
👉 Join our growing number of super-supersaver members & help keep our channel sponsorship-free: th-cam.com/channels/nexoc6tvesvcCEzZhmI-Ag.htmljoin
WATCH RECENT MEMBER VIDEOS: ⭐ Jen's Muni Investing Strategy | Five Common Muni Pitfalls: th-cam.com/video/cKDIdWD6IFY/w-d-xo.html
⭐ September Live Member Q&A: th-cam.com/video/P1NUBwiYpQk/w-d-xo.html
⭐ August Live Member Q&A: th-cam.com/users/livei0TPm72LbsQ
⭐ Bond Diversification Strategies: th-cam.com/video/aOpvUf5OYHo/w-d-xo.html
⭐ Agency Bonds 101 Deep-Dive: th-cam.com/video/ggjZSBS4TVc/w-d-xo.html
Thanks for visiting our personal finance channel! We hope this content will help fast-track your financial journey! Everyone's financial journey is different. Please note that: 1) there are questions/ comments which I will not be able to answer without fully understanding your financial, personal & other circumstances & 2) we will not ask you to call us or send us money in the comments on this channel or any of our other social media accounts, so if you see comment(s) along those lines, it is most likely spam - PLEASE DO NOT ENGAGE WITH SPAMMERS OR GIVE OUT YOUR PERSONAL INFORMATION FOR YOUR OWN SAFETY.
What is the best platform in terms of user friendliness and live customer support?
Fidelity, E-Trade or other?
Im potentially rolling over an old 401K.
Yes, Jen I would like to see a Charles Schwab Municipal Bond trading video. Thank you for all your hard work making theses videos!
Me too
@@andrewbruce1737I want one for Schwab
Me too
I'm with Schwab and would love a video like this for Schwab. Thank you!
Very clear explanation for a first time muni-bond buyer on Fidelity. Thank you, this helps a great deal. Fidelity should post your video as a tutorial on their New Issues page.
Yes, would be interested in similar Schwab tutorial.
Yes, a Schwab "how to" would be most appreciated. Really appreciate your work on these videos.
Yes, Please do a Schwab video on this topic! Thank you Jennifer!
I second all the Schwab tutorial requests! Thanks!
Just fyi love your show and yes I am with Schwab. Would appreciate the guidance.
Great video but at this moment in time....I'll stick with T-Bills.😊
Good to know - thanks for sharing
Thanks!
Would really like a video on how to do this on Schwab. Thanks
The Fidelity website can be confusing at times. Thanks for the easy tutorial.
We use Charles Schwab and I would love to see a similar tutorial for Charles Schwab. Thank you! Found your channel recently through the youtube algorithm
Absolutely interested in the Schwab process with new issue munis!
+1 Me too
Yup... I'm in Schwab and I've never bought a bond before... Show me how.
Im so glad i didnt really make any big mistakes when i started my investment journey last year. So far I’ve just been sticking small amounts of money (think 1-5 bucks) into companies im sure will continue to exist for the next 5 years and if the stocks do well, i hold on. If not, i reinvest the bad ones into the good ones so i can get higher gains. It’s not fool proof, but i did gain about $40 from putting in $20 into NVIDIA earlier this year so that was pretty nice.
I'm with Schwab too. Thank you.
Yes Schwab! Thank you 🙏🏼
So helpful, just like all your videos. We really appreciate your taking the time to put these together for us! Relative newbie w/bonds here and am curious, if rates drop significantly in say 3 years, would you expect to sell this muni bond at premium? any insight on how to evaluate what the potential premium might be?
Do a tutorial on Schwab. I’m going to be converting to Schwab from Ameritrade later this year.
Yes please a Schwab tutorial Please! Thank you!
Very glad to have found this. I have watched it three times and learn something every time. Will keep going until confident before placing and order.
Jen, I have a question,hope you can answer! I see a few munis that have SFP, a lower rating (BAA1), BUT are Insured. Would you buy such a muni? Is Muni “Insurance” same as FDIC where I need not worry about safety of my principal?
PLEASE --Can you explain what "coupon" means when looking up Treasury bills, notes, bonds on Fidelity. It doesn't match up with yield so it's confusing. I always pick "Zero" because i understand that one. Please do a video that explains Fidelity coupon/frequency vs Yield. Thank you So much!!!
Coupon is the predetermined interest rate you get every month guaranteed. The yield changes based on your purchase price of your bond. If you purchase the bond at a discount you get a higher yield than coupon rate. If you purchase the bond at a premium you get less "yield" than the coupon rate.
Fidelity there is 15 year FEDERAL HOME LOAN BANKS BOND @7% , maturity date 10/26/2038. SFP protection, not continuously callable. Sounds like a great deal, what you think?
Yes. It would be nice yo see q Schwab tutorial
Thanks! This looks pretty complex, but I would be interested in one about Schwab.
I also see the Silver play button now! Congrats!😊
I'm a Schwab customer too so would like a video, thanks!
I would like to see the Schwab video, also. Thanks.
So helpful Jennifer. Thank you.
It would be helpful if the date the video was made was included somewhere on the video or the comment page. Not sure if one can really get above 6% in May of 2024.
Your videos are awesome. However, when I go to the Fidelity site and look at municipal bonds, my screen is different from yours. For example, I don’t have a “tax equivalent yield” column. What is “no bid” vs the “ask” bid? Can you explain how to look at the “spread to treasuries” figure under the “price and performance” tab?
If you follow the steps in the video, you'll get to the same screens. The ask price is the price you pay to buy the bond & the bid price is the price you get when you sell the bond.
What is the best platform in terms of user friendliness and live customer support?
Fidelity, E-Trade or other?
Im potentially rolling over an old 401K.
I just rolled a 457 into Fidelity. Their website is clearer and more friendly to use. I do have some money in Schwab also.
Yes please explain same on Schwab
Jen, please give us some updates with Charles Schwab. How the company’s doing now? Kind of worried that TD Ameritrade is with them now.
I'm on Charlie Swab..... How do you I do it ?
This is an informative video for sure! 👍
Please show MUNI options for Schwab. THanks
I made a terrible mistake and sold all my 401K into cash when I lost about 15% of the portfolio last year, worrying the market would drop even more. Do you suggest I should buy all at once to go back to the market? What should I do now? Thank you!
What is the difference in buying new issue versus the secondary Fidelity market?
I would definitely watch a Schwab video on Muni's
The outro was priceless
I'll be interested in Schwab instruction
Great video! 0:50
+1. I am interested in Schwab tutorial too. Thank you!
Risk free ? Im ok with losing my interest but can i lose my principle ?
How long till i can withdraw?
Thank you. I have been looking at Agency bonds for Federal Home Loan Banks which your previous video stated is exempt from State income tax. I have been looking at one with a 6.27% yield with first call date about 6 months out. I feel this is a win as it is higher than a 6 month T bill, so if it is called, I'll still be earning more than if I purchased a 6 month T bill. Is my calculation correct or am I missing something?
You're not considering the risk of the bond not getting called. If I am correct, the bond you are looking at matures on 10/10/2030, seven years from now. Are you prepared to hold to maturity if rates keep going up? If rates shoot up to 8 or 10%, which is not unheard of, you will be stuck at 6.27%, and if you sell then, it would be at a loss.
Thank you for the comment. I will definitely consider that
Interested in knowing how to buy Muni bonds on Schwab.
I am interested in this for Schwab.
I'm a Schwabee... and interested to see a how to video with Schwab..
Yes, on Schwab! Thank you.
yes on schwab, thank you.
Could you please make one for Schwab?
I was told never to purchased munis above par or 100 because it eats up principal investment. Please explain how you will offset purchasing at a premium.
Tutorial for Schwab please and thank you 😊
Hi Jen
I don't know where else to put this question so here goes.
If I purchase a T-bill from Schwab, especially a 4 to 17 week T-bill, there is usually a one week gap between when the t-bill matures and the settlement date of the next t-bill purchase I can perform of the same maturity... roll-over by hand. This can significantly reduce the annual interest rate on a several month t-bill.
Are there any strategies or auto-rollover setups that allow a rollover into the same maturity t-bill without a 1-week gap between maturity and the next settlement date for the same duration t-bill. Thanks and I think your channel is awesome!!
Is muni bond guaranteed by government?
Yes, Please do a Schwab.
Sorry if this is obvious to some, but I am totally a newb when it comes to bonds. The muni you chose shows what appears to be (screen is a bit fuzzy) a purchase price of a little over $108 per $100 face value, so it appears you are paying a premium of just over 8% over the face value to make the purchase. Does the tax equivalent yield shown in the chart somehow factor in that premium, or do you need to adjust that number yourself to account for the actual tax-free yield you will get over the life of the bond? Maybe treated as a fee paid?
would you buy these in ROTH accounts since it's tax free anyways?
Yep, Schwab!
Please do a Schwab video on muni bonds
Why don't I ever see any commercial paper offerings by large companies anymore?
Yes, please show Schwab
Please add Schwab video
Yes Schwab please. Thanks
Please show instructions for Schwab too! Thank you!!
th-cam.com/video/vwgGi9zpY50/w-d-xo.html
yes--schwab video please
Please provide Schwab video! Thank you
Is putting emergency funds in a muni money market fund better than a high yield savings?
Keep in mind that if you don’t hold to maturity (or until called), you would have to sell on secondary market to get the funds.
Muni money market funds are liquid. You can deposit and withdraw anytime. @@Ann-yk3sl
@@Ann-yk3slHow do you know if the muni gets called? Do you get an alert or do you have to constantly check?
@@GunterandthePenguins I don’t have personal experience with munis, but with most callable bonds the terms of the sale are something like “callable on x date with 5 days notice”. So yes you would ordinarily expect to get notice.
@@Ann-yk3sl ah that's helpful! So you atleast get some advance notice most likely. I also buy call protected so I never dealt with callable.
Have we moved on from T-bills and agency?
Check out the 5 year Israel bonds....
Ditto!
Yes to Schwab video please!
I am with Schwab
Please for Schwab as well
“Relatively straight forward” 😂😂😂
What u think oboit SPHY?
Do one for Charlie, please!
I'm a Schwabber. Please show me how to buy bonds.
Would love Schwab one
How about Td ameritrade … ?
Please do one with Schwab
Muni tutorial for Schwab?
Schwab, Schwab, Schwab please…
Yes, yes ,please.
Yes please
Yes, please
Yes
Schwab please
Yes, Schwab please
Please create a schwab video
Yes on Schwab please
Yes. Schwab please.
Can you lose money in a muni if it goes bankrupt or something?
She covers this topic in this video: th-cam.com/video/-QSgCK4G9lc/w-d-xo.html
sure , if they cant pay. pretty rare , but ya never know
I thought I’d it’s insured you wouldn’t … but maybe I’m wrong. It’s a bit complex for me
I talk about muni defaults here: th-cam.com/video/-QSgCK4G9lc/w-d-xo.html
Please do this for Schwab
Schwab yes!
Schwab for sure
Agency bond Fidelity 7% 15 yrs
Schwab, please😀
Schwab one please
Schwab please! Thank you.
So what happens if the City (the municipal entity) goes bankrupt? It does happen. Cities do go bankrupt.
She covers this topic in this video: th-cam.com/video/-QSgCK4G9lc/w-d-xo.html
I talk about muni defaults in this video: th-cam.com/video/-QSgCK4G9lc/w-d-xo.html
Schwab please