How do I sell my corporate bonds at fair market value ?
SOUTH LAKE asked:
Last month I bought a corporate bond on Etrade @ 80 and I would like to sell it for 86 as I notice others are asking . However , when I try to sell the bond , the system offers me a bid price only $30 . How do I post the bonds for sell at a decent asking price ?
Last month I bought a corporate bond on Etrade @ 80 and I would like to sell it for 86 as I notice others are asking . However , when I try to sell the bond , the system offers me a bid price only $30 . How do I post the bonds for sell at a decent asking price ?
Categories: Investing | 
Tags: Asking Price, Bid Price, Etrade | 
2 Comments »
high yield program
Instead of selling it as a market order, sell it as a limit order.
If the bid is 30, you are unlikely to get 86. Just because others are asking 86 doesn’t mean they will get it.
high yield fund
Truly your question is about how to use the Etrade software. If you are a customer of theirs, I am sure they have a world class customer service department that would be more than happy to help, and they are just a phone call away.
Otherwise, take your account to a local professional financial advisor who would be more than happy to put bond bid/ask notices out for you.