Chapter 11 - Slides 29-51 ‑ Investing in BondsBonds are boring. Yep, there is no other way to get around that fact. But in the world of investing, boring can have many advantages. In general, bonds are reliable, consistent investments that during normal times, exhibit far less volatility than stocks and other riskier investments. (Volatility is the financial world's fancy way of saying, "You can lose a lot of money!") In this presentation, we delve into the world of bonds and you will learn why the famous industrialist Andrew Carnegie said, "Gentlemen prefer bonds."
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