Customer Reviews

The Money Making Guide to Bonds: Straightforward Strategies for Picking the Right Bonds and Bond Funds

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The Money-Making Guide to Bonds is important reading for anyone with a bond portfolio, contemplating a bond portfolio or who should be considering bonds but doesn't know it. This well written book balances practical solutions with a very readable dose of technical information. The Money-Making Guide to Bonds will enable the reader to effectively manage their bond portfolio or intelligently deal with a portfolio manager.

Co-written by recognized bond adviser and financial author Hildy Richelson and fee-only financial planner, attorney and coach Stan Richelson, The Money-Making Guide To Bonds: Straightforward Strategies For Picking The Right Bonds And Bond Funds is a useful and practical guide to an informed investment in the bond market. Presented in a direct, no-nonsense tone which is thoroughly accessible to readers of all financial backgrounds, the individual chapters discuss over 35 different types of bonds in detail, complete with their specific advantages and disadvantages, as well as tax issues, ways to protect oneself from risks, how to make the best use of online resources, and more. Though The Money-Making Guide To Bonds cannot replace professional advice or judgement, it is a "must-read" for non-specialist general readers seeking familiarize themselves with the complex bond market before seeing a financial expert who bills by the hour.

This book is a great roadmap through the daunting maze of bonds available in today's market. My favorite parts were: *the detailed comparison of major categories of bonds, pointing out their advantages and disadvantages; *the "Richelson Investment Rules" (7 guidelines to help you think through your personal asset allocations and strategies); and *the final chapter suggesting specific strategies to consider in a variety of situations (like "strategies when interest rates are low or falling," and "strategies for keeping taxes low after retirement.") The book is interesting and upbeat reading, and it's so well-organized I expect to refer to it to review information and suggestions again and again.

I have personally recommended this book to all of my clients and prospects who are looking for a book that clearly explains in detail the complex world of Fixed Income investing. This book is a must read for professional and individual investors.

I recently finish reading your book, and would like to compliment you on a well organized and clearly presented analysis of the bond market.
Your discussion of the pros and cons of the various types of bonds as well as the tax consequences of each provides valuable infomation for investors interested in this market. Also, your extensive list of web sites is an excellent research tool for anyone wishing to pursue the subject at length on his own.
Congratulations on a fine peice of work.

Lucille F.

I had always read about the importance of including bonds in your portfolio--in both bear and bull markets--but I could never get a handle on all the different types available. Thank goodness for this book. I now know the difference between muni bonds and U.S. savings bonds, and why bond funds may not be the best route to diversification. I strongly recommend this to anyone looking to safeguard their portfolio and profit!

The Money-Making Guide to Bonds is a must read for anyone currently considering diversifying their portfolio with individual bonds or bond mutual funds. The book gives investors a clear road map to successful bond investing strategies.

Stocks, stocks, stocks, IPOs, stocks. Like too many people, I paid too much attention to equities and too little to other investments. I read over and over about creating a balanced portfolio and did - but only to a degree and without paying much attention to the less glamorous parts of my investments. I paid a price when the bubble burst. This book is very helpful to helping understand bonds of various types and how to use them. The authors are clear and unafraid to be be opinionated. I recommend this highly.

While The Money Making Guide to Bonds is well written, it is designed for the novice. For example, the book has a very general discussion of duration with no mathematics. Moreover, convexity is not discussed at all. The authors are enthusiastic about bonds but do not give enough attention to the inflation risk of owning bonds.

While The Money Making Guide to Bonds is well written, it is designed for the novice. For example, the book has a very general discussion of duration with no mathematics. Moreover, convexity is not discussed at all. The authors are enthusiastic about bonds but do not give enough attention to the inflation risk of owning bonds.