Fast and Finance
Welcome to Fast and Finance! This podcast is designed for everyday, normal people just looking to improve their personal wealth management and expand their knowledge on the markets. We'll cover all the basic concepts so you have a strong base knowledge before we dive into anything more specific. Wealth management is a concept that is overlooked in many school systems, and we're here to change that! Please send us your questions to: patrick.mccrindle@lpl.com - Securities offered through LPL Financial, a member FINRA/SIPC. https://www.finra.org/ - https://www.sipc.org/ Investment advice offered through Private Advisor Group, a registered investment advisor. Private Advisor Group and SGI Wealth Management are separate entities from LPL Financial. https://www.sgiwealth.com/
Fast and Finance
Bonds - Diving in Deeper
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Patrick McCrindle
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Season 1
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Episode 7
In our episode of debt, we had briefly touched on the definition of bonds and their creditworthiness. Just to go over it again and in laymen’s terms – a bond is simply a loan to a company or even the government, in which the investor will receive a fixed rate of return on that loan. So, in essence, bonds work by paying the “coupon rate,” which is that fixed interest payment that we talked about.