By Aimee Bohn Bonds can be a great way to get a steady source of income and lower the volatility of your portfolio. There are five main types of bonds to invest in, each with a different level of risk and return. Let’s take a closer look…
What is a Bond?
A bond is a loan to a company or government that pays investors back over time.
Borrowers issue bonds when they want to raise capital from investors who are willing to lend them money. In return, the investors usually receive interest payments, or coupons, in exchange for the loan.
The coupon rate is often set at …read more