Building a Bond Portfolio
In this episode of Money Lessons, Andy wraps up the fourteen-episode debt securities series by exploring how to actually build a bond portfolio. He covers the three roles bonds play in a portfolio — income, stability, and diversification — and walks through the practical differences between bond funds and individual bonds. The episode also introduces the bond ladder strategy, duration matching, and popular guidelines for determining how much of your portfolio should be in bonds. Whether you're decades from retirement or approaching it, this episode turns fourteen weeks of bond knowledge into a practical framework for action.
Ancient IOUs: The Origins of Debt Instruments
In this episode of Money Lessons, Andy explores the historical evolution of debt securities, focusing on the significance of debt instruments compared to equity ownership. He discusses the origins of debt securities in ancient civilizations, their legal frameworks, and their impact on modern economies. The episode emphasizes the importance of understanding both debt and equity for effective wealth building.