Episode 150: Step-Up Bonds (notes) are a form of corporate debenture (debt instrument) that has a variable interest rate generally increasing over time. Personally I don’t like them- the notes are Callable, thus diminishing the likelihood that higher rates will be paid if lower market yield exist. To be charitable, in my opinion it’s a form of “sleight of hand.”
All this and more in this episode.
10 Wealth Building Principles: http://www.wealthsteading.com/category/wealth-building-principle/
Full archives are available at: http://www.wealthsteading.com
Subscribe to the Wealthsteading Podcast:
via STITCHER: http://www.stitcher.com/s?fid=53115&refid=stpr
Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.