Term Bond Quotes & Sayings

The investor should be aware that even though safety of its principal and interest may be unquestioned, a long term bond could vary widely in market price in response to changes in interest rates. — Benjamin Graham

Dating is about grand romantic gestures that mean little over the long term. Marriage is about small acts of kindness that bond you over a lifetime. — Lori Gottlieb

For though there was no chance of persuading a pension fund manager looking to make a longer-term loan to buy a Freddie Mac bond that could evaporate tomorrow, one could easily sell him the third tranche of a CMO. — Michael Lewis

A credit default swap was confusing mainly because it wasn't really a swap at all. It was an insurance policy, typically on a corporate bond, with semiannual premium payments and a fixed term. For instance, you might pay $200,000 a year to buy a ten-year credit default swap on $100 million in General Electric bonds. The most you could lose was $2 million: $200,000 a year for ten years. The most you could make was $100 million, if General Electric defaulted on its debt any time in the next ten years and bondholders recovered nothing. It was a zero-sum bet: If you made $100 million, the guy who had sold you the credit default swap lost $100 million. It was also an asymmetric bet, like laying down money on a number in roulette. The most you could lose were the chips you put on the table; but if your number came up you made thirty, forty, even fifty times your money. — Michael Lewis

To investors, job creation is a second-order effect. Market participants care first about interest rates, exchange rates, bond prices and the one great factor that affects all three: the long-term solvency of a bond company called the U.S. government. — Amity Shlaes

One component of the leading economic indicators is the yield curve. Bond investors keep a close eye on this, as it illustrates the spread or difference between long-term interest rates and short-term ones. — Kenneth Fisher

. . . the bond bubble, the tech bubble, the stock bubble, the emerging markets bubble, the housing bubble. . . One by one they had all burst, and their bursting showed that they had been temporary solutions to long-term problems, maybe evasions of those problems, distractions. With so many bubbles-so many people chasing ephemera, all at the same time-it was clear that things were fundamentally not working. — Peter Thiel

When I look at my friend's marriages, with their routine day-to-dayness, they actually seem far more romantic than any dating relationship might be. Dating seems romantic, but for the most part it's an extended audition. Marriage seems boring, but for the most part it's a state of comfort and acceptance. Dating is about grand romantic gestures that mean little over the long-term. Marriage is about small acts of kindness that bond you over a lifetime. It's quietly romantic. He makes her tea. She goes to the doctor appointment with him. They listen to each other's daily trivia. They put up with each other's quirks. They're there for each other. — Lori Gottlieb

We can honestly say that everyone we've known who has used effective communication has been grateful for it in the long run. Often, effective communication brings about huge relief by showing you just how strongly your partner feels about you -- and by strengthening the bond between you two. And even though in some instances the response may not be what you hoped for and you'll be convinced that you've ruined everything -- if only you had said or done something else, he would surely have come around -- we've never heard anyone say in retrospect that they regretted raising an important issue in a dating or relationship setting. In fact, they overwhelmingly express gratitude that effective communication got them that one step closer to their long-term goal of either finding the right person or strengthening their existing bond. — Amir Levine & Rachel S.F. Heller

The most popular intermediate-term bond fund, among those advisers monitored by the Hulbert Financial Digest who have beaten the S&P 500 over the past 15 years, is the Vanguard Intermediate-Term Investment-Grade Fund, which charges annual fees of 0.20%, or $20 per $10,000 invested. — Anonymous

If your 401(k) is lucky enough to have Vanguard funds, look for, respectively, the (U.S.) Total Stock Market Index Fund, Total International Stock Index Fund, and either the Short-Term Bond Index or Total Bond Market Index Fund. As already mentioned, the Fidelity Spartan series is also excellent: the Total Market Index, International Index, and U.S. Bond Index (or Short-Term Treasury Bond Index) funds. — Anonymous

Thus a long term corporate bond could actually be sold to three separate persons. One would supply the money for the bond; one would bear the interest rate risk, and one would bear the risk of default. The last two would not have to put up any capital for the bond, though they might have to post some sort of collateral. — Fischer Black

Believe like every Hindu in God and His oneness, in rebirth and salvation ... I can no more describe my feeling for Hinduism than for my own wife. She moves me as no other woman in the world can. Not that she has no faults; I daresay she has many more than I see myself. But the feeling of an indissoluble bond is there. Even so I feel for and about Hinduism with all its faults and limitations. Nothing delights me so much as the music of the Gita, or the Ramayana by Tulsidas. When I fancied I was taking my last breath, the Gita was my solace. Hinduism is not an exclusive religion. In it there is room for the worship of all the prophets of the world. 11 It is not a missionary religion in the ordinary sense of the term. It has no doubt absorbed many tribes in its fold, — Paramahansa Yogananda

The price earning multiple must be less than ten or the inverse of the long term corporate bond rate, whichever is the less. — Peter Cundill

'Excessive regulation in the banking reform bill will destroy a substantial part of our bond-distributing machinery. Can anyone expect that a step of this kind will improve the quality of our long-term investments?' — Barry Ritholtz

Looked at from another perspective, in the 30 years from 1952 to 1981, stocks returned 9.9% and bonds returned only 2.3%, while inflation annualized out at 4.3%. Thus, during this period, the bond investor lost 2% of real value on an annualized basis, while the stock investor made a 5.6% real annualized return. The last fifteen years of that period were years of high inflation, so this is just another way of saying that stocks withstand inflation better than bonds. Short-term — William J. Bernstein