Understanding Bonds: Part One (BOD042)

What exactly is a bond, and how can it make you money? 💰 In this episode of Bank of Dad, we're breaking down bonds in plain English, from who you're actually lending your money to and how bonds differ from shares, to how interest payments work and what happens when a bond reaches the end of its term.

We'll also explore why bond prices rise and fall, how interest rates affect them, and what people really mean when they talk about bond yields. Whether you're completely new to investing or just want to get your head around bonds, we've got you covered!

Warning - not for kids!