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What Are Bonds? (And Do You Need Them?)

Oct 23, 2023
The podcast discusses the value of bonds in a retirement portfolio, advocating for better benefit options in retirement plans, the ethics of taking free food at work, finding affordable entertainment, and the negative impact of being too focused on finances.
24:54

Podcast summary created with Snipd AI

Quick takeaways

  • Regularly shop around for insurance to find the most competitive rates and policies.
  • Incorporating bonds into a well-diversified portfolio can provide stability and serve as a valuable wealth-building tool.

Deep dives

Insurance Rates and Shopping Around

Insurance rates can increase over time due to natural inflation. However, individuals can control what kind of consumer they are and what policies they buy. It is recommended to regularly shop around for insurance, comparing rates and policies from different providers. Working with an independent insurance agent who can offer options from various companies can help individuals find the most competitive rate.

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