Feb 2023 newsletter
Hello, As promised, this month's newsletter will answer one of my client's questions, " Should I buy I-bonds ?" To get a complete answer, you will have to read a long piece of writing as usual. 😊 I bonds- what you should know about before buying them Bonds are fixed securities. Stocks are variable securities. There are so many kinds of bonds out there, issued by federal, state, or city governments, and corporations. According to Ric Edelman's book " The Truth About Money- Everything You Need to Know About Money " 4th edition , investors use bonds to produce income because the bond issuers have to pay back the bondholders the principal with its interest. So bonds are also named "fixed-income securities". CDs are also considered bonds because you lend the bank your money (yes, the bank says that you deposit your money). After a while, you want your principal back with the interest. However, CDs are mostly issued by banks and brokerage firms. ...