Translating a Bond Indenture into Simpler Terms (Real-Life Example)
A bond indenture is simple in theory. It’s a document outlining the terms of a bond; what the issuer’s (or borrower’s) obligations are to the bondholder (lender). A common application of a bond indenture today is with publicly traded corporations who issue bonds to investors through investment banks like JP Morgan or Bank of America. […]
You Will Fail Trying to Get Rich Quick. I Promise.
One of the biggest mistakes that I see with new investors is that they start off with a mindset that they can get rich quick. Sure, you might get lucky and hit it big with a couple stocks, but that’s not going to make you get rich quick. The question that I ask is – […]
