I believe so strongly in the power of investing in Perpetual Dividend Raisers that I spent two years writing Get Rich with Dividends to show investors why they must include this wealth- and income-building machine in their portfolios.

I write about dividend-growth stocks here and in various other places every week. I invest in these types of stocks for myself and for my kids.

So it may surprise you to know that I also own some bonds.

I have a mix of bonds, including corporate, Treasury and municipal bonds.

My Treasurys have extremely short maturities – less than a year. I basically treat them as a place to park my cash but earn a little extra income.

My corporates and municipals also have short maturities but not as short as those of the Treasurys. I’ll typically buy bonds with three-year or shorter maturities. Since we’re in a rising rate environment, I don’t want to be locked in at a lower interest rate for too long.

Most of the time when I buy bonds, I plan on owning them until maturity. I’m not interested in trading them.

Sure, if I get a spike in the price above par (the price at which the bond will be redeemed at maturity), I may consider selling early. But generally, I’m buying the bond to collect a consistent stream of income with the guarantee (in a Treasury) or near guarantee (in a municipal or investment-grade corporate) of getting my money back.

The important thing to remember when owning bonds is that you get the par value of the bond back at maturity… no matter what the bond, bond market or economy is doing.

For example, let’s say you buy a bond at par value ($1,000) yielding 4% that matures in two years. That means you’ll collect 4% interest each year and receive your $1,000 back at maturity.

If next year the bond declines in value to $900, that doesn’t matter. Because at maturity, you’ll get your $1,000 back. And you’ll still collect 4% interest. The interest rate you’ll receive does not fluctuate with the price of the bond.

I like that kind of stability for a small portion of my portfolio.

I keep my bond holdings fairly small because I’m still building wealth. I have years to go until retirement. Investors who have a lower tolerance for stock market risk might want to have a larger percentage of their portfolio invested in bonds than I do.

If you’re interested in bonds, I do NOT recommend bond funds or exchange-traded funds (ETFs). These investments will lose value as interest rates rise. Individual bonds may also lose value, but at maturity, investors will get their money back. There is no maturity on a bond fund or ETF, so you will very likely lose money in a rising rate environment.

It’s important to note that your bond positions aren’t likely to grow your wealth much, unless you buy bonds that are undervalued. You’re not going to get rich buying bonds. But you may stay rich.

Bonds are a useful way to generate some good income while preserving your capital. Just keep your maturities short while rates are still rising and buy bonds that are high quality.

Take it from the dividend guy.

The post Why This “Dividend Guy” Relies on Bonds appeared first on Wealthy Retirement.

There are no investments out there that reliably grow wealth over the long term like stocks.

Over decades, stocks are even safer than bonds, which goes against conventional thinking. Jeremy Siegel’s book Stocks for the Long Run shows that not only do stocks outperform bonds – which is not a surprise – but also, over periods of 10 years and longer, stocks’ worst performance was better than the worst performance of bonds.

Between 1802 and 2021, the worst 10 years for stocks showed a decline of 4.0%, while bonds dropped 5.4%. Over a 20-year period, stocks never lost money, while bonds’ worst performance came in at a loss of 3.1%.

So why am I “quitting the stock market” in favor of bonds?

In the short run, bonds – especially those of quality companies – are safer than stocks.

I Can’t Take Much Risk

I’m currently paying college tuition for two children. My wife and I have diligently saved and invested for more than 20 years for this moment. Over the next couple of years, we will pay an insane amount of cash to institutions of higher learning. And I’m not willing to take much risk with that chunk of money.

The closest you’ll come to a guarantee of getting your principal back is an investment in Treasurys. That said, owning quality corporate bonds is a pretty safe bet.

Junk bonds, the riskiest corporate bonds, have a historically low default rate of just around 1%.

And investment-grade bonds have a minuscule average default rate of around 0.44%.

So your chances of getting your money back are extremely high.

When I invest in bonds, I’m not planning on selling them at a profit. If their prices go up and there’s an opportunity to sell them, great – but my bond positions are intended to produce income and protect capital. I expect to hold a bond until maturity.

I buy bonds with short maturities because I need the money soon.

I am creating a bond ladder where various bonds will mature in each of the next few years. I’ll earn some interest on the bonds while the money is invested, and each year, as the bonds mature, the money will become available to pay tuition.

While I love my dividend stocks, anything can happen in the short term. And if the market falls, I want to be able to buy more dividend payers.

Should the bond market tank in the next few years, I really don’t care. I don’t plan on selling my bonds, so the price doesn’t matter to me. When the bonds mature, I’ll cash them out.

Corporate bonds are not risk-free, but they are a pretty safe way to earn some interest and count on all of your investment being available to you when you need it, as long as you time it right with the correct maturities. In other words, if you need the cash in December 2023, make sure your bond matures before then.

The good news is the bond market is so large that you shouldn’t have a problem finding bonds with the maturity date you want at the risk level you’re comfortable with.

If you can’t tolerate much risk on your short-term funds, corporate bonds are a great way to invest.

The post Quit the Stock Market and Buy Bonds appeared first on Wealthy Retirement.

That’s been the success rate of municipal (muni) bonds over the past 51 years. In other words, fewer than 1 muni bond out of every 10,000 has defaulted since the Richard Nixon administration.

Municipal bonds are loans that investors make to governments or quasi-governmental organizations. Some bonds are what are known as general obligation bonds, in which case the money is used by the city or county for general purposes. They are considered incredibly safe because of the taxing power of the issuer. Essentially, if the city or county couldn’t pay the bond, theoretically, it could levy taxes to do so.

Other muni bonds fund specific projects, such as a hospital, school or toll road. Often, the interest on those individual projects is paid by the revenue generated by the project. But they are typically less risky than they sound, thanks to the backing of the city or county where they are located.

Because muni bonds are so safe, they normally pay lower rates of interest. However, the interest is usually free from federal and state taxes, so your after-tax return is often similar to that of a taxable bond.

For example, if you own a corporate bond with a 5% yield and are in the 32% tax bracket, after paying federal taxes, you will wind up with 3.4%. If you live where there are state income taxes, your rate will be lower still.

If instead you buy a muni bond with a 3.5% yield, you won’t pay any tax on that 3.5% and will make more money after taxes than you will with a corporate bond.

Now, keep in mind, that’s on the interest only. The price of the bonds will affect your total return.

Muni bonds, like other bonds, trade at a discount or premium to par value ($1,000), so if you pay more or less than par, it will change your total return.

A few months ago, when interest rates were incredibly low, it was tough to find decent muni bonds that paid a generous yield to maturity (the total return of the bond based on interest and price appreciation/depreciation at maturity).

Today it’s a little easier.

The bond with the highest yield to maturity with a maximum maturity of December 2026 that I found is the Decatur (Texas) Hospital Authority Hospital Revenue (CUSIP 243323cu4) bond. It has a 5% coupon and matures on September 1, 2025.

The yield to maturity is 4.2%.

The yield to maturity is below the 5% coupon because the bond is trading at about $1,025, which is $25 above par value.

So as long as you own the bond, you’ll get paid 5% (tax-free) per year, or $50 per $1,000 bond. But at maturity, you’ll lose $25 because you’re buying it at $1,025 and selling it at $1,000.

But the interest you realize in the form of $50 per year per bond (tax-free) means you still make money. At the end of the four years, your total annual return comes out to 4.2%.

And here’s a bonus: As I mentioned, the interest is tax-free. But capital gains on muni bonds are not. That means capital losses are deductible. So if you lose the $25 per bond, you can deduct that from other long-term capital gains while still collecting $50 per bond per year in interest tax-free.

Now, consider the best three-year certificate of deposit (CD) rates in the country are about 4.55%, but that is fully taxable. After tax, in the 32% bracket, that comes out to just 3.1%.

It’s important to remember that a CD is insured by the Federal Deposit Insurance Corporation. If the bank goes under, you get your money back. Muni bonds can be insured. The one mentioned here is not. Though things have to be pretty bleak for a muni bond to default (even though it is always a possibility). As I stated, 99.92% of all muni bonds pay back bondholders at maturity.

Muni bonds are a good place to stash some cash, particularly for those in higher tax brackets and/or high-tax states. And historically, you have a 9,999 in 10,000 chance of getting your money back.

The post A 99.92% Success Rate appeared first on Wealthy Retirement.

By day, I analyze stocks and provide income ideas for my readers. I’m known as the dividend guy because of my international bestseller Get Rich with Dividends, which has been published in four languages.

By night, I am singing in a rock band or ring announcing world championship boxing matches on TV.

I know, it’s weird.

What many people who follow my dividend work may not know is that I’m also a big advocate of investing in bonds, especially now. Most investors don’t own individual bonds, but they absolutely should.

Bonds are sold in increments of $1,000. What’s great about bonds and so different from stocks is that you know exactly what a bond will be worth on a specific date. On the day the bond matures, you will be paid $1,000 – no matter what you paid for it. Maybe you paid $1,000 for the bond and collected interest for several years and then simply got your money back.

Or maybe you bought the bond at a discount and paid only $850, collecting interest until and then receiving $1,000 at maturity. So you’d earn a $150 profit in addition to the interest.

For years when interest rates were at rock bottom, it was tough to find attractive bonds because the interest was so low. You had to take on a good amount of risk to get any kind of yield. At one point, in order to earn 5% on a bond that matured in a few years, you had to invest in low-rated junk bonds.

Today, you can earn 5% or more on very safe investment-grade corporate bonds. And if you are willing to take on more risk, you can easily earn 7% to 9% or even more on non-investment-grade bonds.

Keep in mind that even non-investment-grade bonds rarely default, especially if they’re not the lowest-rated bonds. So unless you’re choosing the junkiest of the junk bonds – I’m talking about the rusted-out shell of a 1975 Ford Pinto of bonds – you can feel very confident you’ll get your money back and finally earn a decent amount of income.

Right now, I recommend investors buy bonds with maturities in four years or less. That way, their money is not locked up for a long period of time. I also recommend that you buy bonds only with the intent of holding until maturity. If a bond’s price goes up, you can always sell at a profit if you choose. If it doesn’t rise, you simply collect your interest and then your $1,000 per bond at maturity.

There are lots of interesting opportunities in the bond market these days.

For example, you can earn nearly 6% annually through an April 2024 bond from Ally Financial, a household-name financial services company. The bond is rated a safe BBB- by S&P Global Ratings.

Even safer, the A- rated Credit Suisse bond that matures in August 2024 earns 7.5% annually.

If you’re willing to take on a little more risk, a BB rated bond offered by QVC, maturing in April 2024, earns you 9% annually. And one from the same company with the same rating but maturing in February 2027 earns more than 13.5% per year.

Stocks come with no guarantee that they’ll earn 13.5% per year, 9% or even 6%. But these bonds basically do. As long as the companies don’t go bankrupt, bondholders will get paid $1,000 per bond at maturity.

It’s a great time to be a bond investor, and I expect it to get even better over the coming months as rates continue to rise and bonds offer investors even higher returns.

Good investing,

Marc

The post A “Secret” Income Source appeared first on Wealthy Retirement.

At least that’s what I believed when I joined an institutional trading desk more than a decade ago.

As a stock jockey, I worked with hedge funds slinging around shares to capture a quick profit. We traded around binary events, like earnings releases and drug trial results. You know, events that really make a stock price move.

I had no interest in bonds. To me, they were conservative investments that only grandpas would buy. Sure, they offered some income and principal protection, but with no price appreciation, there was no way to make your money grow. Or so I thought…

Years later, I found out that everything I thought about bonds was wrong.

Here are three of the biggest bond myths people fall for and why it’s essential to have a portion of your nest egg in corporate bonds.

1. Savings Bonds Are the Only Kind of Bond Out There

If you mention bond investing to most people, their eyes glaze over.

That’s because they have fallen for bond myth No. 1 – the ol’ “savings bond mentality.”

They remember the savings bonds many of us bought from the U.S. Department of the Treasury when we were younger.

You buy a savings bond at a fixed price, say $25, and then hold on to it for a minimum number of years to avoid redemption penalties. Savings bonds are essentially zero-coupon bonds. They are issued at a deep discount to their face values but pay no interest.

Corporate bonds are often completely overlooked.

Corporate bonds are debt securities issued by corporations and sold to investors. They’re issued at par value, which is $1,000, and they have a coupon payment structure. Interest is paid semiannually. As long as you own the bond, you’ll receive the interest payment from the issuer until it matures.

2. Corporates Can’t Be Traded After They’re Issued

There’s no secondary market for savings bonds. They cannot be traded among investors, so the price you pay for them won’t change if you hold them to maturity.

But contrary to myth No. 2, that’s not true of corporate bonds.

Corporate bonds can be traded after they’re issued. And they are… almost every day.

They’ll move up and down in value as investors buy and sell them to each other. They fluctuate in value based on business fundamentals like stocks do, but not as much on a percentage basis.

If you buy a bond at a discount, say $900, as long as the company doesn’t go bankrupt, you’ll be paid $1,000 when it matures. That’s an extra $100 in your pocket plus all of the interest payments you’ll receive while owning the bond. Which brings me to our third myth…

3. Bond Yields Are Your Only Return

Myth No. 3 is a doozy. It’s why so many investors don’t recognize the huge profit potential that exists in bonds.

Yield to maturity is the minimum return you can expect a bond to generate if you hold it until its maturity date.

Let me say it again, it’s the minimum.

You can often earn twice that (or more) by buying a bond below par value and selling it early at a profit.

If you don’t own any bonds, you aren’t diversified. And if you aren’t diversified, you’re putting your retirement at unnecessary risk when the stock market eventually heads south.

Good investing,

Kristin

The post Three Dangerous Myths About Bonds DEBUNKED appeared first on Wealthy Retirement.

I’m talking about individual bonds, not bond funds. In fact, I strongly recommend you stay away from bond funds. If interest rates continue to climb, you will lose money in a bond fund, whereas with individual bonds, you will make money. I explain why here.

As long as rates are rising, stick with individual bonds.

Here’s exactly how to do that.

Buying individual bonds is similar to buying stocks, but it’s not exactly the same.

You can buy any stock you want that is listed on a U.S. exchange with any domestic broker. The price will be the same no matter where you look. But not every broker has every bond available to its customers.

Some brokers have bonds in their inventory that they can sell you. Other times they will have to go out into the open market to get the bonds for you. There are occasions when they will not be able to obtain the desired bonds for customers if there are no sellers.

If you don’t see the bond you want on your broker’s website, call its fixed income desk and ask it to get it for you. Don’t just speak to a representative. Call the fixed income desk so that you’re speaking with someone who specializes in bonds.

To buy a bond online, you go to the fixed income (sometimes shown as “Bonds/CDs”) section of your broker’s website. You can do a search for bonds based on certain criteria, such as maturity date, S&P or Moody’s ratings (they rate how safe or risky the bonds are), and yield to maturity (YTM) – which is essentially the annual return you will earn on the bond.

Or if you know the bond you want to buy, you can enter the CUSIP, which is similar to a stock ticker. The CUSIP is a combination of nine numbers and letters. While a stock ticker will be in the format of “ABC,” a CUSIP may look like “12345abc6.”

You enter the CUSIP, and your broker’s site will bring up all of the relevant information, including the price, the YTM and the minimum number of bonds you must buy to place an order, which is another difference between stocks and bonds. Some bonds may have no minimums, but others may have large ones – it all depends on the seller.

Here is what it looks like on TD Ameritrade if you pull up an individual bond. This is a bond for the Pacific Gas & Electric (CUSIP 694308hg5) 3.75% coupon bond maturing on February 15, 2024.

The bond was issued by utility Pacific Gas & Electric. It pays a 3.75% coupon, which means it pays $37.50 per year in interest because the coupon is always based on the $1,000 price at which nearly all bonds are issued. It matures on February 15, 2024. You can see the CUSIP next to the name of the bond.

Below that are more details, including the bond’s rating – Baa3 by Moody’s and BBB- by S&P.

While the bond pays a 3.75% interest rate, the YTM is around 6% because the price is around $97, which actually means around $970 per bond. You multiply the bond price by 10 to get how much the bond actually costs. So the interest rate is a little higher than 3.75% because the principal is lower than $1,000. The first line shows a price of $97.125, which means $971.25 per bond (remember, multiply the bond price by 10 for the actual cost). . The bondholder will also make $28.75 in profit at maturity because they paid $971.25 for the bond but it will be redeemed for $1,000. So the profit plus the interest is included in the YTM calculation.

You’ll also see that there are different sellers out there. The first one requires a 10-bond minimum at a price of $97.125. The second, also with a 10-bond minimum, is asking $97.210. If you want to buy just one bond, you’ll pay $97.317.

If you want to buy the bond, you’d click the “Buy” button under the company name and on the next screen you’d enter how many bonds you want to buy and at what price if it’s different from what’s shown on the page.

If you didn’t buy the bond and wanted to check on it the next day, you’d just go to the fixed income page and enter the CUSIP to see if anything changed, such as the price, minimums, etc.

Like anything you do for the first time, buying a bond can seem intimidating. But most of us felt the same way when buying a stock online the first few times. Once you play around on your broker’s bond page, you’ll get more comfortable and you’ll start earning safe 6% or higher yields in no time.

Good investing,

Marc

P.S. Let me know in the comments section what questions you have about buying bonds, and I’ll try to address them in an upcoming Wealthy Retirement article.

The post How to Add Bonds to Your Portfolio appeared first on Wealthy Retirement.

Over time, maintaining diversified exposure to stocks is proven to grow your wealth.

Since the S&P 500 was formed, the average annualized return for owning the index has been around 10%.

At that rate, you can double your money every 7.2 years.

This likely isn’t news to you. As a Wealthy Retirement reader, you’re likely already aware of the stock market’s power to compound wealth over time.

But the stock market isn’t the only game in town…

There is another asset class that you may be less familiar with that has provided returns similar to the stock market’s over the long haul…

That asset class is bonds – more specifically, high-yield bonds.

These bonds deserve a place in your wealth-creation plan. The long-term returns they generate match up well with what you can earn from stocks.

That means adding high-yield bonds to your portfolio mix increases your diversification without sacrificing returns.

The returns will just take a different form…

Investors in stocks mostly earn capital gains, with a smaller amount of income coming from dividends.

Investors in high-yield bonds, on the other hand, mostly earn income from interest payments, with a smaller portion of their returns coming from capital gains.

That means for income-focused investors, high-yield bonds are especially beneficial.

Remarkably Consistent Performance

High-yield corporate bonds did not really hit their stride until the late 1970s and early 1980s.

Their performance over the years allows us to see how this asset class weathers all kinds of situations – changes in interest rates, recessions, oil shocks and almost every other market condition imaginable.

Several different studies have examined high-yield bonds over time. They all show similar results, and most of them focus on how interest rate fluctuations impact performance.

Most bond classes are highly sensitive to interest rate changes. Bonds typically do well when interest rates decline and do poorly when interest rates rise.

High-yield bonds are the exception.

All studies of high-yield bonds have shown that the asset class performs well in both rising and falling interest rate conditions. The data shows that this is a consistent asset class… and a perfect addition to a diversified portfolio.

Below is a table from a study done by the investment firm Hotchkis & Wiley. This study looked at high-yield bond performance over a 30-year period, from August 31, 1986, through December 31, 2016.

It found that there were 176 months when interest rates were rising and 188 months when interest rates were falling. But the performance of high-yield bonds in both conditions was remarkably similar…

And remarkably good.

This three-decade study found that when interest rates were falling, high-yield bonds generated an annualized return of 8.2%.

When rates were rising, the performance of high-yield bonds actually was better, increasing to an 8.8% annualized return.

As With Stocks, Diversification Is Key

The Hotchkis & Wiley study shows that long-term returns for high-yield bonds are nearly 9% annualized. That’s close to what the stock market has generated.

And as long as you know where to look, high-yield bonds can be considerably less risky.

With that record of excellent long-term returns in all market conditions, high-yield bonds are clearly a great source of diversification for our portfolios.

And just as we should diversify our portfolios across different asset classes (stocks, bonds, real estate, etc.), we should also diversify across the high-yield bond component of our portfolio.

Investors shouldn’t look to build big positions in the high-yield bonds of any one company.

Instead, investors should look to diversify into high-yield bonds that have historically generated stock market-like returns and generous amounts of income.

Good investing,

Jody

The post The Remarkably Consistent Performance of High-Yield Bonds appeared first on Wealthy Retirement.

In this week’s episode of State of the Market, Chief Income Strategist Marc Lichtenfeld shows you how you can invest in bonds with little risk of losing money.

But first, a quick bond primer!

Bonds are loans that are issued by governments, corporations and other institutions.

By buying a bond, you, the lender, get to collect interest. Then, at maturity, the borrower is legally obligated to return your principal investment back to you in full.

You can’t say the same for stocks. If a stock bottoms, there’s no way to be certain that you’ll ever get your money back. You could get left holding the bag.

Simply put, EVERYONE should own bonds and nobody should put their portfolios at risk by investing only in stocks.

But here’s where the FUN begins…

If you know what you’re doing, the total return on your bond investments can outperform those of stocks during turbulent markets like these.

That’s why, in this week’s episode, Marc shows you how to do the following:

• Boost your yields on bonds (yes, boost!)
• Get the most out of bonds’ defensive strengths
• Avoid unnecessary risk
• And more!

Join Marc in this week’s episode of State of the Market.

Good investing,

Kyle

The post Almost NEVER Lose Money With Bonds appeared first on Wealthy Retirement.

Bonds.

Before your eyes glaze over, this is important.

Bonds belong in everyone’s portfolio. Now, I’m not talking about bond mutual funds or exchange-traded funds. I’ll tell you why you should avoid those next week.

Today, I want to talk about what you need to know about individual bonds.

First of all, what exactly is a bond?

It’s pretty simple. A bond is a loan that you make to a company or government agency. If we’re talking corporate bonds, then you’re loaning money to a company for a specific amount of time for a specific interest rate.

Bonds are typically sold in $1,000 increments. Bonds have a maturity date and a coupon. For example, if a bond is set to mature on February 1, 2025, and it has a 5% coupon, that means if you lend $1,000 to a company until February 1, 2025, you will receive 5% per year in interest – usually in two payments throughout the year. On February 1, 2025, you’ll get the $1,000 back.

Now, here’s the important part. If you buy or sell a bond in the market, it may not trade for $1,000.

When it is first issued by the company, it will. But as soon as it starts trading, the price will vary.

So you could buy a bond for $900. In that case, you’ll receive more than 5% per year because the 5% coupon is based on the $1,000 figure. No matter where the bond is trading, the bond pays $50 per year in interest. So if you paid $900 for the bond, you’ll make 5.6% interest because $50 divided by $900 equals 5.6%.

If you paid $1,050 for the bond, you’ll make 4.8% because $50 divided by $1,050 equals 4.8%.

Here’s another important feature: At maturity, the bond pays $1,000, regardless of whether you paid $900 or $1,050.

It’s obvious why you might buy a bond for $900 when you know you’ll get $1,000 at maturity plus interest, but you may be asking why someone would pay more than $1,000 for a bond if they know they’ll lose money at maturity.

That’s because even with the loss, they may still make more than they would in other places.

For example, if a bond is trading at $1,050 with a 5% coupon until 2026, that means even though the investor will lose $50 at maturity, they will collect $50 in interest per year over the next five years.

When you subtract how much the bond loses at maturity from the total amount of interest paid, that comes out to $200, or an average of $40 per year. That comes out to 4% per year. In this low interest rate environment, an investor may be very happy earning 4% per year for the next five years.

One last thing about bonds – and this is really important – is how they differ from stocks.

If you hold a stock for five years, anything can happen. It could go up 10 times, it could get cut in half, it could go to zero or it could go anywhere in between.

While a bond’s price will fluctuate, on the maturity date, the bond will be worth $1,000. The only way it won’t is if the company goes bankrupt.

So you could own a stock that has putrid earnings and falls 40%. As long as the company is keeping the lights on, regardless of those putrid earnings, the bond will be worth $1,000 at maturity. The only way you lose is if the company goes under.

That’s a major reason people buy bonds. They earn some income while holding bonds, but bonds stabilize their portfolio. If you buy bonds properly, you can be extremely confident you’re going to get your money back and make money.

In fact, I have never lost money on a bond – both on bonds I’ve invested in personally and on bonds I’ve recommended to subscribers of Oxford Bond Advantage.

If you’d like to learn more about how you can earn predetermined gains of up to 110% in less than five years, click here.

Good investing,

Marc

The post The Major Reason to Love Bonds appeared first on Wealthy Retirement.

In this week’s State of the Market rerun, Chief Income Strategist Marc Lichtenfeld runs through everything you need to know about individual bonds.

Because even though Marc is a self-described “dividend stock guy” and he doesn’t often dedicate State of the Market videos to fixed income…

Bond know-how has become even more of a NECESSITY in today’s volatile markets.

But as Marc playfully points out, bonds have an undeserved reputation for being boring.

And it’s only because investors misunderstand bonds and their uses, which means they’re missing out on the asset class’s trading potential.

So if you’re curious about bonds, their pricing, coupons or market dynamics…

Feel like you’ve been misled about them in the past…

Or are worried about how war, inflation, supply chain breakdowns and more will affect the markets and your portfolio…

You NEED to watch Marc’s easy-to-understand primer on bond investing.

(Note: This video originally aired on September 3, 2021.)

Click here to view it in this week’s State of the Market.

Good investing,

Kyle

The post An Easy Breakdown of Individual Bonds appeared first on Wealthy Retirement.