A Teen Guide to Buying Bonds by Tammy Gagne

By Tammy Gagne

The advanced global of making an investment in bonds is simplified for latest youngster. From what bonds are to how they're laid low with fiscal adjustments is special with concrete examples from the teen's global.

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Forbes, April 12, 2010. ” The Telegraph, June 17, 2012. html Krantz, Matt. Investing Online for Dummies. , 2010. Richelson, Hildy, and Stan Richelson. The Money-Making Guide to Bonds. Princeton, New Jersey: Bloomberg Press, 2002. Thau, Annette. The Bond Book. New York: McGraw Hill, 2011. TreasuryDirect. ” http://www. htm Wild, Russell. Bond Investing for Dummies. , 2007. 0. Every effort has been made to locate all copyright holders of material used in this book. If any errors or omissions have occurred, corrections will be made in future editions of the book.

Lower ratings are AA, A, and BBB or BAA. These ratings can be broken down even further—for example, AA1 or AA+ is higher than AA2 or AA, which are higher than AA3 or AA-. It’s not just the credit rating that matters. The history of the rating may also tell you something about the safety of the bond. A bond issued by a utility company might be rated AAA today. If it has dropped to AA or A in the last year, though, it is riskier than an AAA bond that has always had this highest rating. indd 29 5/15/13 4:32 PM Railroads were among the first issuers of transportation bonds.

If you are new to investing, the secondary market may be more than a little overwhelming. Even more confusing than the secondary market is the international market. In addition to bonds issued by the United States government and American companies, you can buy bonds from other nations’ governments, banks, and companies. indd 39 5/15/13 4:34 PM CHAPTER 5 have more experience. Even then, you might decide that you aren’t interested in putting your money into international bonds at all. The first thing you should know about international bonds is that they aren’t always sold in foreign currency.

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