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cover of episode Bond Investing Master Class - How to Invest in Fixed Income

Bond Investing Master Class - How to Invest in Fixed Income

2023/1/25
logo of podcast Money For the Rest of Us

Money For the Rest of Us

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David Stein
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David Stein: 本期节目深入探讨了债券投资的方方面面,从债券的基本概念(面值、票面利率、到期收益率、久期和凸度)到不同类型的债券(短期债券、长期债券、个别债券、债券基金和ETF、市政债券、公司债券、外国债券、子弹型ETF、TIPS等),以及主动型债券管理与被动型债券指数化投资策略的选择,并结合当前利率环境,对债券投资策略进行了详细的分析和案例研究。 David Stein: 节目中详细解释了如何根据自身对利率的预期以及投资目标(例如追求收益或资本增值)来选择合适的债券期限和投资工具。他还强调了在投资债券时,需要考虑的因素,例如债券的到期收益率、久期、凸度以及税收影响等。 David Stein: 此外,David Stein 还介绍了如何利用子弹型ETF来锁定预期收益,以及如何根据自身的风险承受能力和投资目标来选择主动型债券基金或被动型债券ETF。最后,他还分享了一个案例研究,说明了如何根据当前利率环境来选择合适的债券投资策略。

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Shownotes Transcript

What you need to know to confidently invest in bonds.

Topics covered include:

  • Key components of bond investing include face value, coupon rates, yield-to-maturity, duration, and convexity
  • How to decide between owning longer-term or short-term bonds
  • How to decide whether to own individual bonds or bond funds and ETFs
  • When to use active bond management versus bond indexing
  • How bullet bond ETFs work and when to use them
  • How to know when to invest in municipal bonds and corporate bonds
  • When should you own foreign bonds
  • Should you own bonds in taxable or tax-deferred accounts
  • A bond case study based on current interest rates

For more information on this episode click here).

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Show Notes

A Complete Guide to Investing in I Bonds and TIPS—Money for the Rest of Us)

Investments Mentioned

iShares 20+ Year Treasury Bond ETF (TLT)

Vanguard Short-Term Treasury ETF (VGSH)

iShares® iBonds® Dec 2025 Term Treasury ETF (IBTF)

iShares® iBonds® Dec 2025 Term Corporate ETF (IBDQ)

Vanguard Total Bond Market Index Fund ETF (BND)

Doubleline Total Return Bond Fund (DBLTX)

Related Episodes

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378 Plus: A Frustrating Time To Invest and Did Bulletshares Underperform?)

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