What is a Bond? US & Foreign Bonds Explained
Posted by PF Guru on 29 September, 2009
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A bond is defined as an interest-bearing certificate issued by a government or business, promising to pay the holder a specified sum on a specified date. Common wisdom says bonds are a safe haven from stock market turmoil. Does that mean you should buy bonds if that turmoil comes from recession or inflation? Complicating the [...]