What’s a portfolio without a bond position? It’s incomplete and potentially riskier than necessary.
We field so many questions about your portfolios and asset allocation and while stocks may seem sexier because of their upside potential, you always hear me stress that everyone needs exposure to bonds as well.
We rarely dive into bonds in great detail, what they are, how they work, and why you absolutely need them, which is why I thought it would be time for a little Bond Boot Camp. Joining us on the podcast this weekend is Kathy Jones, Senior VP and Chief Fixed Income Strategist at Schwab.
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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.