manarak Posted June 4, 2013 Share Posted June 4, 2013 seems to me Talanx is driving an aggressive expansion - not sure if the expansion is so sustainable. they have been expanding on credit and have been investing a lot. it will depend on how hard they get hit by the global crisis. Link to comment Share on other sites More sharing options...
yoshiwara Posted June 4, 2013 Share Posted June 4, 2013 only one i will ever trust is JAMES BOND.never loses.Didn't he deliberately lose a round of tic-tac-toe? Link to comment Share on other sites More sharing options...
Naam Posted June 4, 2013 Author Share Posted June 4, 2013 who is "them"? Talanx? Aye. solid company. mother hen holding of German Hannover Reinsurance and a bunch of other insurers. globally active.homepage: http://www.talanx.com/?sc_lang=en So my question is though Q1 profits are down, the forward guidance appears positive, so why the high bond rates presuming that they could borrow at lower rates? What is the hole or rather anticipated hole which forces the higher rate?the bond rate is not high taken into consideration that it's a subordinated LT2 which yields now less than 7%. if it wasn't for my presently already high cash quota i would have sold already (bought less than a year ago @ 96.50). Link to comment Share on other sites More sharing options...
Naam Posted June 4, 2013 Author Share Posted June 4, 2013 seems to me Talanx is driving an aggressive expansion - not sure if the expansion is so sustainable. they have been expanding on credit and have been investing a lot. it will depend on how hard they get hit by the global crisis. none of my concerns as i am not a buy&hold investor. as already mentioned this bond is "overdue" in my portfolio. capital gains plus interest ~36% p.a. demands "take profit!". 1 Link to comment Share on other sites More sharing options...
Naam Posted June 4, 2013 Author Share Posted June 4, 2013 the last of my long term darlings which i will divorce soon. a T1 perpetual which yielded (based on purchase price) initially >36% p.a., yield has now dropped to 7.15% p.a. Aareal XS0138973010 Link to comment Share on other sites More sharing options...
socrates28 Posted June 4, 2013 Share Posted June 4, 2013 Interesting topic - not that I understand most of it! 1 Link to comment Share on other sites More sharing options...
craigt3365 Posted June 4, 2013 Share Posted June 4, 2013 Interesting topic - not that I understand most of it! Naam tried to help me with this, but it's just beyond me. Fantastic he does so well with it! Link to comment Share on other sites More sharing options...
Naam Posted June 4, 2013 Author Share Posted June 4, 2013 Interesting topic - not that I understand most of it! why don't you ask specific questions? Link to comment Share on other sites More sharing options...
12DrinkMore Posted June 4, 2013 Share Posted June 4, 2013 Interesting topic - not that I understand most of it! why don't you ask specific questions? Where should I place AUD 70,000? Hi Naam! Link to comment Share on other sites More sharing options...
craigt3365 Posted June 4, 2013 Share Posted June 4, 2013 Interesting topic - not that I understand most of it! why don't you ask specific questions? Where should I place AUD 70,000? Hi Naam! Hmmmm....that's not very specific. Link to comment Share on other sites More sharing options...
delanoalvis Posted June 4, 2013 Share Posted June 4, 2013 Has anyone used deVere as their advisors? I hear they are good. Any experience? Sent from my GT-N7100 using Thaivisa Connect Thailand mobile app Link to comment Share on other sites More sharing options...
Naam Posted June 4, 2013 Author Share Posted June 4, 2013 Interesting topic - not that I understand most of it! why don't you ask specific questions? Where should I place AUD 70,000? Hi Naam! this is not a question i am willing to answer! Link to comment Share on other sites More sharing options...
AyG Posted June 4, 2013 Share Posted June 4, 2013 Interesting topic - not that I understand most of it! why don't you ask specific questions? Where should I place AUD 70,000? Hi Naam! Put it all on red at your local casino. Either that or buy some of the bonds mentioned earlier. The risks are about the same. Link to comment Share on other sites More sharing options...
how241 Posted June 4, 2013 Share Posted June 4, 2013 Naam Posting a step by step guide of how to purchase these bonds would prove useful for TV members. +1....yes , please Link to comment Share on other sites More sharing options...
yoshiwara Posted June 4, 2013 Share Posted June 4, 2013 Interesting topic - not that I understand most of it!why don't you ask specific questions?Where should I place AUD 70,000? Hi Naam! Put it all on red at your local casino. Either that or buy some of the bonds mentioned earlier. The risks are about the same. Putting it on red at your local casino would give you a risk of default (failure) of >50%. A bond rate of say 30% gives a better risk rate but lower return (of course you have to wait for a year for the rate) as opposed to instant result on the casino play. So, the risks are not the same. However, some like to say the word 'casino' and assume its all the same anyway. Link to comment Share on other sites More sharing options...
khunken Posted June 4, 2013 Share Posted June 4, 2013 Never traded bonds only stocks & options. I do have a question. Are there any ETFs which consist of a selection of high-yield bonds? Link to comment Share on other sites More sharing options...
Joe Mamma Posted June 4, 2013 Share Posted June 4, 2013 Seems as if south America is getting the lions share. Is this another sign of 3rd world status climbing? Link to comment Share on other sites More sharing options...
Naam Posted June 4, 2013 Author Share Posted June 4, 2013 Naam Posting a step by step guide of how to purchase these bonds would prove useful for TV members. +1....yes , please here's the answer: http://www.thaivisa.com/forum/topic/643869-high-yield-bond-investments/#entry6468325 Link to comment Share on other sites More sharing options...
Naam Posted June 4, 2013 Author Share Posted June 4, 2013 Never traded bonds only stocks & options. I do have a question. Are there any ETFs which consist of a selection of high-yield bonds? years ago there used to be. not sure about today. Link to comment Share on other sites More sharing options...
Naam Posted June 4, 2013 Author Share Posted June 4, 2013 (edited) Seems as if south America is getting the lions share. Is this another sign of 3rd world status climbing? the lion share of what? Edited June 4, 2013 by Naam Link to comment Share on other sites More sharing options...
khunken Posted June 4, 2013 Share Posted June 4, 2013 Never traded bonds only stocks & options. I do have a question. Are there any ETFs which consist of a selection of high-yield bonds? years ago there used to be. not sure about today. Thanks for replying. I've answered my own question (good old Google) from this web site: http://etfdb.com/etfdb-category/high-yield-bonds/ Link to comment Share on other sites More sharing options...
socrates28 Posted June 4, 2013 Share Posted June 4, 2013 (edited) Interesting topic - not that I understand most of it! why don't you ask specific questions? I will post up my portfolio Edited June 4, 2013 by socrates28 Link to comment Share on other sites More sharing options...
socrates28 Posted June 4, 2013 Share Posted June 4, 2013 (edited) These are not Bonds as such but what is wrapped up in my S&S ISA I am looking at growth accumulation with 15 years as my target exit The % is the weight The smaller % Vanguard stuff is being drip fed to reach this years limit and thats why it is so low Am quite happy to switch some of this money to other investments Any comments welcome Vanguard FTSE Developed World ex-U.K Equity Index GBP 16.8% Global Vanguard Lifestrategy 80% Equity 13.8% Mixed Investment 40-85% Shares MFM Slater Growth Class A 12.0% UK All Companies Vanguard Lifestrategy 100% Equity 10.5% Global Cazenove UK Smaller Companies Class B 9.9% UK Smaller Companies Vanguard Lifestrategy 60% Equity 9.3% Mixed Investment 40-85% Shares Invesco Perpetual High Income 6.6% UK Equity Income Standard Life Investments UK Equity Unconstrained Class R 4.9% UK All Companies Vanguard Emerging Markets Stock Index 4.4% Global Emerging Markets First State Asia Pacific Leaders Class A 4.1% Asia Pacific Excluding Japan Newton Asian Income GBP Inc Shares 4.0% Asia Pacific Excluding Japan Vanguard Lifestrategy 80% Equity 2.6% Mixed Investment 40-85% Shares Vanguard U.K Government Bond Index 0.6% UK Gilt Vanguard Global Bond Index GBP 0.6% Global Bonds Edited June 4, 2013 by socrates28 Link to comment Share on other sites More sharing options...
Naam Posted June 4, 2013 Author Share Posted June 4, 2013 Interesting topic - not that I understand most of it! why don't you ask specific questions? I will post up my portfolio your portfolio does not contain any questions. Link to comment Share on other sites More sharing options...
jcnbkk Posted June 5, 2013 Share Posted June 5, 2013 Naam Posting a step by step guide of how to purchase these bonds would prove useful for TV members. Manarak has mentioned already the procedure, i.e. call your bank or your broker, all what is required are the unique identification codes. but before making any investment one should do some research concerning risk involved, liquidity, maturities, currency outlook, etc.; a complex undertaking which is extremely difficult for a newbie. Need to start somewhere Link to comment Share on other sites More sharing options...
topt Posted June 5, 2013 Share Posted June 5, 2013 Has anyone used deVere as their advisors? I hear they are good. Any experience? Sent from my GT-N7100 using Thaivisa Connect Thailand mobile app No personal experience but if you go to The Motley Fool web site and go to Boards, Investors round table, International Expat Investing there are a number of posts about them - one of which was about them recently losing their Belgian licence. My feeling, with no substantiation, is caveat emptor. Link to comment Share on other sites More sharing options...
socrates28 Posted June 5, 2013 Share Posted June 5, 2013 Interesting topic - not that I understand most of it! why don't you ask specific questions? I will post up my portfolio your portfolio does not contain any questions. I suppose my question was peoples opinion on my spread considering I am looking at a return in 15 years time and intend to invest a further £15-20k every year Link to comment Share on other sites More sharing options...
Naam Posted June 5, 2013 Author Share Posted June 5, 2013 I suppose my question was peoples opinion on my spread considering I amlooking at a return in 15 years time and intend to invest a further £15-20k every year my opinion: you are nicely diversified but don't expect huge returns. Link to comment Share on other sites More sharing options...
manarak Posted June 5, 2013 Share Posted June 5, 2013 Naam Posting a step by step guide of how to purchase these bonds would prove useful for TV members. Manarak has mentioned already the procedure, i.e. call your bank or your broker, all what is required are the unique identification codes. but before making any investment one should do some research concerning risk involved, liquidity, maturities, currency outlook, etc.; a complex undertaking which is extremely difficult for a newbie. Need to start somewhereyou will see that the main problems on the bonds markets are the following: - interesting exchange traded bonds often have no liquidity - many bonds are traded OTC and access to fixed income desks is restricted to big clients - interesting bonds are snatched up by banks and big investors for their own account and never reach the market - these bonds are then "grandfathered" by banks and clients can buy them from the bank at a (usually outrageously high) premium Bond funds, because of the above reasons, usually receive the remainders of issues that have not been snatched up before (although all banks will claim otherwise, but they use technicalities to cheat). furthermore, management principles of bonds funds will cause these funds to sell bonds whose value appreciates much, to keep a balanced portfolio instead of setting a stop level and letting the profits run. Bonds are priced vs. the perceived risk of the bond and the interest rates. This means that most bonds in the secondary markets will offer poor to average yields. Bonds are rather a way to play on company risk, interest rates and currency rates - the coupon rate of a bond is less important. Link to comment Share on other sites More sharing options...
manarak Posted June 5, 2013 Share Posted June 5, 2013 Never traded bonds only stocks & options. I do have a question. Are there any ETFs which consist of a selection of high-yield bonds? years ago there used to be. not sure about today.Thanks for replying. I've answered my own question (good old Google) from this web site: http://etfdb.com/etfdb-category/high-yield-bonds/ what a desolation! Link to comment Share on other sites More sharing options...
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