Whatever Your Age, Income, or Total Assets, Bonds Belong in Your Portfolio.
One of America's best-known columnists and commentators on the bond market, Marilyn Cohen, explains bonds in everyday language and shows why bonds belong in everyone's portfolio. Bonds offer a number of advantages over stocks, Cohen reports, and contrary to popular opinion, they can provide a sizable return on investment, not just safety.
Cohen takes you step-by-step through the various types of bonds available, detailing the pros and cons of each. She shows you which kinds of bonds are likely to be the best bargains at any given time and how you can figure this out yourself. 'The Bond Bible' will help you:
- Determine how to balance your bond-to-stock ratio for a sound, low-risk portfolio
- Turn a bond investment from a safety net into a moneymaker
- Know when to sell a bond and how to get the best price
- Use leverage to buy a lot of bonds with very little money
- Minimise the tax bite on your bond investments
- Use the latest technical innovations - like online bond investing, to your advantage
Cohen even examines some of the unusual bonds and bond derivatives that are becoming more common everyday, telling you which ones could be winners and which ones to avoid. In a special section, she provides sample bond portfolios for different income levels and investment goals.
The book explores the world of bonds from the unique perspective of the individual investor. All in all, it's the one book you need for the final word on bonds and bond investing.
