Achievable Podcast #5 - What is a bond?
Bonds are a bigger part of finance than stocks, even though they get a lot less attention. Unsexy but mighty, bonds represented $39 Trillion in net value worldwide in 2015, while stocks were worth approximately $26 Trillion. A bond is a Security, like a stock, and is a type of investment. Basic Wisdom's Brandon Rith walks you through the basics of bonds and how they're handled in the wealth management profession.
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