The Revenge Of The Treasuries
I started investing in the year 2001. At that time I really never understood fully what a bond is and what purpose it served in this whole investment world. But then again, I didn't really know what equity really meant beyond the price being quoted for a stock in the stock market. But that never really stopped me from investing in stocks based on the vagaries of price action. I jumped headlong into the darlings of the bygone internet boom. The only saving grace there was that I had jumped in post the worst of the market melt down and so over the next few years, the amount of money I lost was much more manageable given I had started post the apocalypse for those names. In all those years, the one thing that I could never figure out was how to go about buying a bond or treasury issue. 2007 came and interest rates were they are roughly today but it never occurred to me to ever invest in them. Bonds are traded over-the-counter and so brokers make it rather opaque as to how to buy/sell