For Immediate Release
Contact:
Lindsay MacGregor 201-748-5630 lmacgreg@wiley.com
BOND INVESTING FOR DUMMIES®
Protect and Grow Your Nest Egg the Right Way
September 2007 (Hoboken, NJ) – Many retirees want stability and limited risk in their investments, so they rely on bonds. Bond investing can certainly contribute to a steady financial future, but it is far more complicated than most people realize. In Bond Investing For Dummies (Wiley, October 2007, 334 pages), financial advisor Russell Wild uses simple language and straightforward advice to give a clear and thorough introduction to bond investing. He explains why bonds are different from (and sometimes preferable to) stocks, describes the various bonds and bond funds available to investors, and reveals the major factors influencing bond performance and risk. Why invest in bonds? Stocks are sexy, Wild admits, but bonds have protected investors and retirement accounts during some of the worst moments in financial history. They are “the life rafts that can keep your portfolio afloat when the investment seas get choppy.” Bonds are inherently safer places to put “rainy day" money than the stock market. There are many types of bonds available, all with pros and cons. It depends on the individual investor’s situation—i.e., his tax bracket, age, income, financial needs and goals, etc. U.S. Treasury bonds bring modest returns but are considered to be safest, while corporate bonds are riskier but sometimes bring higher reward. There are agency bonds issued by quasi-government entities and tax-free municipal bonds issued by cities, hospitals, airports, and the like. Assorted other bonds include global bonds, church bonds, and catastrophe bonds (there’s even a type of bond named for a British rock star!). Written for both beginners and experienced investors, Bond Investing For Dummies teaches readers how to: Build a portfolio to include the right percentages of stocks and bonds Purchase and choose bonds or bond funds for particular situations Measure bond returns and risk Comprehend interest and taxes on interest Diversify among bond holdings Use the latest in investment research -MORE-
Like all For Dummies® books, Bond Investing For Dummies concludes with “The Part of Tens,” including ten misconceptions about bonds and ten mistakes to avoid—like allowing a broker to churn you, going through a middleman to buy treasuries, and choosing a bond fund based on short-term performance. A helpful "Cheat Sheet" in the front of the book provides a summary of corporate bond ratings, questions to ask a bond broker, and a shortcut method for determining whether to invest in taxable or tax-free municipal bonds. An appendix lists plenty of useful Internet resources to consult for further information about bond markets and investing.
About the Author Russell Wild, MBA, is a financial planner and NAPFA-registered investment advisor, and the principal at Global Portfolios (Allentown, Pennsylvania), a firm specializing in retirement planning. He has authored and co-authored nearly two dozen books, including Exchange-Traded Funds For Dummies.
Bond InvestingFor Dummies®
By Russell Wild, MBA ISBN: 978-0-470-13459-7 $24.99 U.S. / October 2007 For more plain-English advice: Investing For Dummies, 4th Edition 978-0-7645-9912-5 Investing Online For Dummies 978-7645-8456-5 Mutual Funds For Dummies, 5th Edition 978-0-470-16500-3 To see other For Dummies titles, go to www.dummies.com
About For Dummies® With near universal name recognition, more than 150 million books in print, and over 1,000 topics, For Dummies is the world's bestselling reference series. With loyal customers around the globe, For Dummies enriches people’s lives by making knowledge accessible in a fun and easy way. Described by the N.Y. Times as "more than a publishing phenomenon, but a sign of the times," For Dummies span every section of the bookstore, covering everything from health to history, music to math, sports to self-help, technology to travel, and more. The Dummies brand franchise has expanded with an extensive licensed product line, including DVDs, software, consumer electronics, cooking, cleaning and automotive products, craft and hobby kits, games and more. For information, visit Dummies.com. For Dummies is a branded imprint of Wiley.