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411 | The Simple Path to Wealth | JL Collins
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Why Rising Rates Are Very Bad for Bonds?
The bond fund is self cleansing just with higher rate bonds. It's also an index fund, right? Right. Which works out perfectly. JL: Could you describe that a little further? Because I'm sure there are a lot of people who are not all that familiar with bonds. A bond is a loan that you make to either a government entity or to a corporation.
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