From: John Boyle 
Newsgroups: uk.finance
Subject: Re: peer to peer lending
Date: Sun, 3 Sep 2006 23:15:03 +0100

In message <1157315569.464488.290110@h48g2000cwc.googlegroups.com>, 
"silicono2@yahoo.com"  writes
>
>John Boyle wrote:
>> In message , John Boyle
>>  writes
>> > from a liquidity point of view they are very similar.
>>
>> Sorry, typo. Should read 'dis-similar'.
>> --
>> John Boyle
>
>Of course, exchange-traded bonds can be sold before they mature and
>their yield varies--but I guess it shows that investment bonds aren't
>far better than savings accounts, and once you add the transaction
>costs...

Not sure what 'investment bonds' have to do with this, they are life 
assurance contracts, but if you meant Investment Grade Bonds then their 
primary attraction to some people is the Fixed Interest they provide 
until maturity at which time a known capital loss or gain is incurred. 
They can then, sometimes, seem quite attractive but I think Investment 
Grade nods really only have an attraction to fund managers rather than 
individuals.
-- 
John Boyle