Macho Money Definitions - What Is A Bond?

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Macho Money Definitions - What Is A Bond?

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vid_whatisbond.jpgWhat is a “bond?” No, not a secret agent from England, but an investment tool used to grow wealth.  According to the Wall Street Journal, bonds are a form of debt. Bonds are loans, or IOUs, but you serve as the bank.  You loan your money to a company, a city, the government – and they promise to pay you back in full, with regular interest payments.

Pretty understandable, but for greater detail and examples, click on the video and listen to Scott Halliwell from USAA explain.


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5) Read. There are any number of "military spouse" books and websites that explain the mechanics and formal structure of the military and military living.  I found that reading as much as I could about the terms, code names and acronyms (i.e., your ability to learn the quasi-language of Militarese) was invaluable in acclimating myself to my new military life. Arm yourself with a basic understanding of such phrases and acronyms as 'PCS' (relocation), 'LES' (her paystub), 'TDY' (a shorter, out-of-town work trip). Just as you would learn a few basic phrases like “Wie geht es Dir?” (How are you?) and “ein Bier, bitte” (A beer, please!) if you were vacationing in Germany, know the basic terminology of your wife's new employer.  I promise you, you will never regret reading too many articles and books on military spouse living.



 

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