Today, we're diving into bonds as part of our investment bootcamp!

Bonds are essentially an IOU from a government or corporation, meaning you're lending them money instead of owning a piece of the company like with stocks. This distinction is crucial because, in the event of bankruptcy, bondholders get paid before shareholders.

Bonds can fluctuate in value, primarily influenced by interest rates. When rates rise, bond prices fall, and vice versa. If you're seeking a steady income stream, bonds might be the right fit for you, despite some value fluctuations.

With various types of bonds available, it's essential to choose the ones that align with your financial goals. If you have questions, don’t hesitate to reach out!