Bonds have been a pretty hot topic this year. And, oftentimes, people misunderstand how they work and what role they play in a proper financial plan. On today’s show, we’re addressing some of the misinformation and explaining why this has not been a good year for bonds.
A lot of people consider bonds to be the safe and conservative part of their portfolio. But is that the right mindset?
On this episode, we’ll share:
- What are bonds, and how do they work? (2:02)
- How are bond funds different from owning individual bonds? (5:43)
- How are intermediate term bonds doing this year? (16:11)
If you have any questions about how you can better prepare for your retirement future, don’t hesitate to reach out to Michael Schulte for help.
He’s a Financial Advisor and Certified Business Exit Planner at WestPac Wealth Partners. His daily mission is to help families and business owners make smart financial decisions so they can live on their own terms for the rest of their lives, regardless of what life events and opportunities come their way.
Call Michael at 702-767-4897 with any of your questions or email michael.schulte@westpacwealth.com.
