Zone 11 · Pocket Money
Bond Basics
Nine lessons of about three minutes each, every one with a live demo and a quick test.
- Bonds & Interest Rates×8
- Money Mindset & Psychology
- 91BondsA Bond Is an IOULend money, get paid back with interest
- 92BondsCoupon, Maturity, Face ValueThe three numbers on every bond
- 93History of BondsBuy a Bond, Win a WarTens of millions of Americans lent money for World War II
- 94BondsWho Borrows With BondsGovernments, cities and companies
- 95Interest RatesThe Bond SeesawWhen rates rise, existing bond prices fall
- 96PromisesA Bond Older Than AmericaA Dutch water-board bond from 1648 still pays interest to Yale today
- 97Bond RiskBonds Can't Lose MoneyIn 2022, US bonds had one of their worst years on record
- 98Sovereign DebtThe King Who Kept DefaultingPhilip II of Spain didn't pay his debts four times
- 99Risk PsychologyThe Price of CertaintyWe pay extra to make a risk disappear completely