by Russell Wild
“Investing in Bonds for Dummies” by Russell Wild is a practical, accessible guide for anyone interested in understanding bond investing.
Designed to simplify complex topics, this book covers the fundamentals of bonds, including types, valuation, and interest rate impacts on bond prices.
Wild explains the inverse relationship between bond prices and interest rates, helping readers grasp why bond values fall as interest rates rise, and vice versa.
The book also discusses the differences between short-term and long-term bonds, government and corporate bonds, and bond funds. It provides actionable strategies like laddering and duration management, which are essential for mitigating interest rate risk.
Wild’s step-by-step guidance on choosing and balancing bonds in a portfolio makes it an ideal resource for beginners or those looking to refresh their understanding of fixed-income securities.
By the end, readers will have a clear view of how bonds can add stability to an investment portfolio, offering predictable income and reduced volatility compared to stocks.