No, no. Not James Bond silly. C’mon now….
I’m talking about the financial term bond, and why you should have these types of investments in your registered and/or non-registered accounts.
WHAT IS A BOND and how do they work?
- When you buy a bond, you are basically turning yourself into a bank. You loan your hard earned cash to the government, a city/province, or a company for a set period of time at a variable or fixed interest rate. The interest rate that goes along with a bond is often referred to as the bond’s yield. Continue reading