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And here we are already, the last weekend of August. Hard to believe there’s only one more month in the third quarter of 2020. Before you know it, the holiday season will be upon us.
Just like last week, we have two guests for you this week, with some of your questions mixed in along the way.
First up we’re talking about bonds.
What’s a portfolio without a bond position? It’s incomplete and potentially riskier than necessary.
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 in hour one is Kathy Jones, Senior VP and Chief Fixed Income Strategist at Schwab.
If the pandemic has acted as an accelerant to business trends, it has also become an accelerant to inequality.
Last year, before the onset of coronavirus, the Census Bureau found income inequality was at its highest level in 50 years, with two-thirds of the total wealth in the country owned by the richest 5-percent.
Meanwhile, 4 out of 10 American adults said they would have difficulty covering a $400 unexpected expense and more than 38 million Americans are living in poverty.
When discussing these facts and figures, it is important to remember that there are people behind the numbers.
To do a deeper dive with us on this topic, we're joined in hour two by Dane Holmes, co-founder and CEO at Eskalera, a diversely founded company, committed to providing employees and managers with the knowledge and skills to build a more inclusive culture and helping organizations drive systemic and sustainable change.
Have a money question? Email me here.
"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.