In Your Best Interest : The Ultimate Guide to the Canadian Bond Market

by Cunningham, W. H. (Hank)

• ISBN13: 9781550028768
• ISBN10: 1550028766
• Format: Paperback
• Copyright: 2009-07-30
• Publisher: Ingram Pub Services

Summary

With over one trillion dollars in bonds outstanding, the Canadian fixed income market is enormous. In fact, its daily trading volume is almost five times that of the equity markets. Yet investors & even many financial advisors know little about it. "In Your Best Interest" demystifies the retail fixed income market, from the basics of a bond to the various products available to a full discussion of the mathematics of bonds & the bond market. It also provides useful tips on selecting the right advisor. "In Your Best Interest" gives you the tools to meet your income & retirement needs by making the retail fixed income market less expensive, more accessible, & more efficient.

Table of Contents

Acknowledgements	p. 9
Introduction	p. 11
So, What's a Bond, What's the Bond Market, and How Does It All Work?	p. 22
So How Do I Get Started?	p. 41
Basic Math	p. 62
Subprime, Credit Crunch, and ABCP	p. 93
The Products	p. 100
Preferred Shares	p. 129
Zero Coupon Bonds	p. 135
Building a Ladder to Success	p. 152
Attention GIC Shoppers!	p. 168
Bonds for the Speculator	p. 176
Conclusion	p. 187
Relevant Websites	p. 193
A Do-It-Yourself Guide to Bond Investing	p. 194
Present Value Table	p. 197
Glossary	p. 199
Index	p. 214
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