BONDS ARE NOT STOCKS
What equity investors should know about bond investing
- Bonds are Not Stocks;
- Ratings, Credit Risk and Political Risk
- Dividends and Interest;
- Low Rates Don’t Have to Mean Low Return;
- Liquidity Risk
- Bonds or Bond Funds
- How About Bond ETFs?
- Interest Rate Risk
- How Will ____ Affect My Bonds?
An old bond trader’s maxim says that you make you money when you buy—not when you sell. Selecting bonds or a bond manager uses many of the same business decision making processes as are used in the equity portfolio, but because of the different characteristics of the two classes of assets, investors need to bring a different perspective to how they recognize and manage risks.
To read the article, please click here.