What is Bond?
Stocks, funds & commoditiesA loan you give to a government or company. They pay you regular interest and return your money on a set date.
Think of it like: Being the bank instead of the borrower.
Real example: A 5-year government bond paying 4% a year on $10,000 pays $400 a year.
Lesson: Bonds and government debt Practise it now: Who Am I? Practise it now: Safe Haven Sprint