A common frequently asked question that I receive concerns saving money to buy a house. This involves some variation of what is the best way to save money for a house? Should I save money for a house down payment in a bank account or does this money need to be invested? These are all […]
Bond Valuation: Price is Paramount
Bond valuation is the process of determining the appropriate price to pay for a bond. A bond’s value is based solely on it’s future cash flows. Therefore, the first step in the fundamental analysis of a bond is determining the present value of all future cash flows. The sum of those values is equal to the present […]
