First in a 2-part Series Sorry folks, but your year-end madness is not limited to covering your house with decorations a la Clark Griswold or fighting the mongrel hordes at the mall. There are some financial items that need your…
Last week, we saw how bond prices change based on the interest rate being paid by newer bonds in comparison with older ones that have already been bought by consumers. We also saw 2 weeks ago how you might diversify…
Bonds do go up and down in price. One reason can be because of changes in interest rates. Let’s return to Kristi’s Ranger Cookie Food Truck. You’ve bought a $5,000 bond from me that matures in 5 years. My business…
Remember a few weeks ago I introduced the business of Kristi’s Ranger Cookie Food Truck? Let’s go back and visit that business to get a better understanding of how the bond market works. As we said before, a bond is…
Last week, I wrote about choosing mutual funds based first on the area of the investment market where they specialize, not just based on returns. But how do you know if the fund you are researching is in the area…
Most of us are pretty good consumers. We use coupons, look for deals online, and buy on sale. Somehow, those good habits go out the window when we shop for investments. Avoidable Mistake #1: We buy when prices are high.…
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