donheff
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I just started reading this thread and got my interest piqued. But I need some 101 counseling.
When I look at ISM on Schwab or Morningstar I can't tell anything useful about it except the price of 21.36. In fact, I would assume it is some sort of stock from what the sites say. You folks are describing it as a bond but the site makes no mention of that. Also the yield shows as a monthly figure with what I assume is a annual projection (6.8%). Is that the cumulative result of CPI and other interest? How would you figure out what you are buying? And what exactly is ISM, a bond, a bond fund, a stock?
When I look at ISM on Schwab or Morningstar I can't tell anything useful about it except the price of 21.36. In fact, I would assume it is some sort of stock from what the sites say. You folks are describing it as a bond but the site makes no mention of that. Also the yield shows as a monthly figure with what I assume is a annual projection (6.8%). Is that the cumulative result of CPI and other interest? How would you figure out what you are buying? And what exactly is ISM, a bond, a bond fund, a stock?