With a bond you're loaning that money either to companies or to governments. The longer the duration it's called the longer I loan it out to you for the more interest I can demand. There is currently at the moment some added volatility in the bond market That could lead to further turmoil.
#442: An anonymous caller is struggling with a tempting offer from her family to buy her first house.
Chris recently tripled his income. How should he manage this unexpected surplus?
Tyson is wondering if it's a good time to convert his bonds into treasuries.
“Jaula” wants to know if she should count her side hustle income as part of her retirement money.
Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.
Enjoy!
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