tl;dr Bond prices and rates have an inverse relationship. When bond prices go up, their yield goes down. Mortgage rates are roughly based on bond yield—specifically the 10 year Treasury.
“I think rates will remain very low because there is such turbulence in the economy,” said Wealthbridge founder Tim Randle. “I don’t see that going away in the next year.”
Most people know what a stock is, at least in theory. But if asked to define it, many have a hard time. We want you to feel confident talking about stocks, the stock market and more, so created this cheat sheet.
Bonds — also known as fixed income — are an investing mainstay. “They’re almost required in every portfolio,” says Wealthbridge founder Tim Randle. “In the right dosage, of course.”
As times have changed, so have our retirement plans. The ways that most American workers save today look very different from how they did just a few generations ago.
Just about everyone has at least heard of a 401(k), even if they aren’t exactly sure what they are or how they work. With that in mind, here are some basics about 401(k) accounts.
