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re: Procedures for cashing out 20YR bond early? Even possible?

Posted on 10/9/12 at 1:20 pm to
Posted by Im4datigers
Northern Virginia
Member since Oct 2003
4466 posts
Posted on 10/9/12 at 1:20 pm to
Can't you sell the bond? You will probably profit from it if you bought it four years ago as bond rates are in the dumpster. Bond rates go down, prices go up.

Not talking very much profit on $20k, but you should be able to sell the bond on the open market somewhere?
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