Quote:
Originally Posted by CurrentlySober
TBH, I'm not exactly that sure of the terminology, but (all I cant afford BS aside) I have a personal independent financial advisor who deals with my money for me....
EXAMPLE BOND
However, (Despite my simple and easy choice as an example) I go a LOT higher in cash value, over a LOT longer term, with a LOT higher interest rate, than the example above. i'm happy to tie up a few hundred thousand for a period of ten years or more... So I get a pretty good deal....
Sorry if this doesn't really explain things... (I'm pornographer - Not a stockbroker) but it IS an honest answer  |
Cool. Sounds like savings bonds like here in the US. Federal government debt.