lawman
Thinks s/he gets paid by the post
Like some others here I sold a large bond mutual fund and have started investing in individual notes. Being new at this I started with with C. D.'s, then T-Bills and have now bought several T-Bills at auction..I've only bought a few corporate notes and only small amounts of those. I'm itching to reach for more yield and am considering buying some longer term corporate notes and buying larger amounts. I know nothing of researching balance sheets and really don't care to learn. I look at some that are mentioned here but few of those are in Schwab's inventory and getting through to Schwab's bond desk takes way too long for me. Besides I don't have a good understanding of the procedure for making an offer through their bond desk for bonds that are not in their inventory. I can search bonds in their inventory but I'm still very leery of just buying something just based on ratings..And besides I don't see any screaming deals like the ones I see discussed here. Do any of you buy bonds based solely on ratings? Should I just stick to C.D.'s and treasuries?