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.


See also...

image for Planning a Career as a Military Spouse?  Think Portability!

Planning a Career as a Military Spouse? Think Portability!

AMUNewA.jpgArticle by Craig Gilman, Faculty Member at American Military University

Joining the military means a life of training exercises and deployments away from home, not to mention periodic transfers with little choice of duty stations that can be found in countries half a world away. What comes with all that is a career, even if only for a few years, that provides opportunities for personal growth and satisfaction, professional challenge and reward, career development, and leadership opportunities that build a stronger resume.

Becoming a military spouse is a different story. In addition to the unpredictability of the military lifestyle and, often, the additional responsibility of being the de facto head-of-household and primary parental role model during deployments, there is no guarantee of a meaningful career or even temporary job to help pay the bills. Military spouses who want a professional career face high hurdles.

image for Macho Money Definitions - What Is A Mutual Fund?

Macho Money Definitions - What Is A Mutual Fund?

vid_whatismfun.jpgAccording to Investopedia, a mutual fund is an investment vehicle that is made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Mutual funds are operated by money managers, who invest the fund's capital and attempt to produce capital gains and income for the fund's investors. If you're still a bit confused, click on the video and watch USAA Certified Financial Planner, Scott Halliwell explain in further detail.



 

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