Continuing on our little mini-series on how we build our Yield Shield (Read up on Preferred Shares and REITs if you missed it), today I’d like to talk about bonds. I’ve been lumping bonds together into one asset-class tracked by a broad ETF like VAB or BND, but the truth is the bond market is a bit more complicated than that. Usually, when people talk about bonds, they’re talking about those issued by the government. These are seen as ultra-safe and unlikely to default, since the government can always raise taxes to pay off bondholder’s interest payments. These are also […]
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