Bonds are the world's leading financial instrument, far exceeding the size of stock (equity) markets, yet few Americans understand them, let alone know how to invest in them, or realize how easy such investments are. With simple, easy-to-understand examples, The Itty Bitty Bond Book 2016 takes listeners through the ins and outs of savings bonds, corporate bonds, municipal bonds, treasuries, and CDs, with emphasis on resources that are accessible to everyone, not just the wealthy. The pros and cons of bond funds and bond ETFs are also covered, as is the new myRA government program as an alternative to traditional savings bonds.
©2016 Bruce Van Deventer (P)2016 Bruce Van Deventer
It's what it says on the box, it's a basic summary of the way bonds work. The structure and common pitfalls. The endlessly confusing inverse link between price and interest was explained.
It's US centric, but I'll hardly fault him that, just be aware that it's not as useful for people outside the US.
I like that the author didn't veer off into peculiar political ranting, as some books about finance tend to do these days. This is almost a beginners introductory textbool and delivered. Worth its low price.
Report Inappropriate Content
If you find this review inappropriate and think it should be removed from our site, let us know. This report will be reviewed by Audible and we will take appropriate action.