Bond Investing For Canadians For Dummies

Expert information and easy-to-follow advice for todays Canadian bond investors

Bond Investing For Canadians For Dummieswill show you how to invest in bonds in todays environment and strengthen and protect your investment portfolio. Bonds are a great choice for anyone looking to make a smart investment that will provide a steady income, and this book is a great choice for anyone ready to get started. With clear, jargon-free guidance on the best reasons to buy various types of bonds and what type of bonds to invest in, youll be ready to minimize your investment risks by adding bonds to your portfolio. Let this book, which focuses on the Canadian bond market, teach you to wisely buy and sell your bonds by considering both risks and returns. Find out how to make the right bond investment for you.

• Identify your investment goals and choose the best investment strategy for you
• Use Canadian and international bonds to diversify your portfolio and build a safe income stream
• Learn about the many different types of bonds, including Government of Canada Bonds and treasuries, municipal and provincial bonds, and agency bonds
• Find out how to buy bonds at the right time, and when to sell
• Understand the risks and returns on your bonds so you can meet your personal targets
• Learn about the impact of Canadian taxes on bonds and other fixed-income investments

Bond Investing For Canadians For Dummies is perfect for new and experienced investors who want to learn all the ins and outs of the bond market.

Andrew Dagysis a CPA and a personal finance, investing, and technology expert. He writes about tax-smart investing and financial planning. Andrew is the author of all editions ofStock Investing For Canadians For Dummies, Canadian Small Business Kit For Dummies, andThe Canadians Guide to Retirement Planning.

Russell Wild is an experienced financial advisor and writer who has been working in the finance and investment industry for more than 30 years. Russell is the principal of Global Portfolios. He is the author ofExchange-Traded Funds For Dummies.

Introduction 1

Part 1: A Quick Guide to the Fixed-Income Universe 9

Chapter 1: Getting Interested in Bonds 11

Chapter 2: Building the Base for Your Portfolio 29

Chapter 3: A (Mostly) Heroic History of Bonds 43

Chapter 4: Interest, Sweet Interest 55

Part 2: Bonds of Many Distinct Flavors 79

Chapter 5: US Treasury and Government of Canada Bonds: As Safe as Safe Can Be 81

Chapter 6: Getting Down to Business: Corporate Bonds 101

Chapter 7: Powerful As Well: Agency and Provincial Bonds 117

Chapter 8: Municipal Bonds on Offer in Canada and the US 135

Chapter 9: International Bonds and Other Seemingly Out-of-the-Ordinary Offerings 145

Part 3: Bonds as Portfolio Cement 161

Chapter 10: Return, Risk, and Reality 163

Chapter 11: The Art and Science of Portfolio-Building 179

Chapter 12: Slicing the Pie: How Much Should Be in Bonds? 191

Chapter 13: Making Your Preliminary Bond Choices 209

Part 4: A Manual for Smart Bond Shopping 223

Chapter 14: Planning Your Bond Transactions and How to Reduce Taxes 225

Chapter 15: Diving (Carefully!) into the Individual Bond Marketplace 253

Chapter 16: Choosing Canadian and US Bond Funds Wisely 279

Part 5: Bonds as Good Friends of Retirees 305

Chapter 17: Satisfying Your Need for Steady Cash 307

Chapter 18: Ensuring Financial Security in the Golden Years 327

Part 6: The Part of Tens 341

Chapter 19: Ten Most Common Misconceptions about Bonds 343

Chapter 20: Ten Mistakes Bond Investors Need to Avoid 349

Index 355