Perry Guarracino is a Director of Fixed Income Trading for TD Ameritrade, where he heads the secondary trading desk and is also responsible for the fixed income online business and marketing efforts. Perry holds a BA in business administration from Herbert H. Lehman College in the Bronx. Always wanting to work on Wall Street; he started out in a support role at L.F. Rothschild on the municipal bond desk and hasn’t looked back some 30 years later. He has a passion for fixed income and loves talking it up whenever he gets the opportunity. After a few jobs as a sales liaison, head of liaison sales, and as a municipal bond trader for 10 years, Perry landed his current job at TD Ameritrade in 2006.
The high-yield bond market has been affected by COVID-19. Yields have surged due to economic uncertainty. But these bonds hold more risk than investment-grade issues. How do investors decide if they should add them to their portfolio?
Investors adding bonds to a stock-heavy lineup may opt for securities with a shelf life designed for today’s investing climate. That’s where bond duration comes in.
When seeking portfolio balance and diversification, many investors choose bonds and other fixed-income securities. But just like all investments, bonds carry risk. Learn about bonds and bond risk, and when you should consider fixed-income investing.
What is a bond anyway? Some financial pros recommend bonds as part of a diversified portfolio. Learn the basics, including the definition of a bond, from TD Ameritrade.
Learn how the TD Ameritrade I-Portfolio tool can help you monitor and analyze your fixed-income investments.
What are tax-free muni bonds? Learn the unique benefits and risks of this debt-security investment vehicle.
Bond and stock investors can look to the yield curve for one measure of inflation and interest rate expectations.
Bonds are typically considered a more conservative investment that can help diversify your portfolio and help you attempt to ride out stock market volatility.
In a rising interest rate environment, investors might consider attempting to counter their fixed-income risk by building a bond ladder.
for thinkMoney ®
Financial Communications Society 2016
for Ticker Tape
Content Marketing Awards 2016
Content intended for educational/informational purposes only. Not investment advice, or a recommendation of any security, strategy, or account type.
Be sure to understand all risks involved with each strategy, including commission costs, before attempting to place any trade. Clients must consider all relevant risk factors, including their own personal financial situations, before trading.
Market volatility, volume, and system availability may delay account access and trade executions.
Past performance of a security or strategy does not guarantee future results or success.
Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading subject to TD Ameritrade review and approval. Please read Characteristics and Risks of Standardized Options before investing in options.
Supporting documentation for any claims, comparisons, statistics, or other technical data will be supplied upon request.
This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Hong Kong, Japan, Saudi Arabia, Singapore, UK, and the countries of the European Union.
TD Ameritrade, Inc., member FINRA/SIPC, and a subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of the Charles Schwab Corporation. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2020 Charles Schwab & Co., Inc. Member SIPC.