Managing Your Financial Future with Lucia Capital Group
Managing Your Financial Future with Johnny Dean and "Professor" Rick Plum, CFP® Brought to you by the advisors and investment professionals at Lucia Capital Group, a registered investment advisor. Integrating financial planning and investing decisions, designed to help you reach your own financial goals. Want the best tips on which hot stocks you should buy this week? Go somewhere else - we don't do that. It's all about planning, strategy, managing your future and taking control of your financial life. Securities offered through LPL Financial, member FINRA/SIPC.
Managing Your Financial Future with Lucia Capital Group
Why Bonds Are Not the Simple Assets They Appear to Be
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You're probably familiar with bonds as an asset: you make a loan to a company or state or municipality, and you hope to be paid back over time with interest and, ultimately, your principal. And while that is the most basic definition, the real working of bonds and the bond market are far more complex.
Underneath the surface, there are many things that are important to consider: the bond’s current yield, and more importantly, the bond’s yield to maturity, the difference between the bond’s present cash flow and what you’ll ultimately receive after all interest and principal payments are made, as well as many other factors.
Sound confusing? Let’s clear it up. Tune in to today’s episode of Managing Your Financial Future as podcast host Johnny Dean and “Professor” Rick Plum, CFP® tell you what you need to know before – and after – you purchase your bonds!