If you plan to hold your bond until maturity, these price swings don't matter—you’ll still get your interest and your principal back. 4. How to Buy Them
On a specific date (the maturity ), they give you back the full original amount you lent them (the face value ). 2. Common Types of Bonds buying bonds for beginners
Issued by states or cities to fund public projects like schools or highways. A major perk is that the interest is often tax-free at the federal level. If you plan to hold your bond until
You don't need a suitcase of cash to start. There are three main ways: You don't need a suitcase of cash to start
Bonds act as the "ballast" on a ship. When the stock market gets rocky, bonds tend to stay much steadier. They provide a predictable and preserve your capital for when you need it later.