Understand How Bonds Are Rated and Their Default Rate to Attract Prospects and Referrals
Amplify’d from annuityleads.ca
I am not picking on bonds. I feel they have their place and are great for any portfolio. If you review the bond section of this manual you can find basic information.
The truth is that bonds have historically higher failure rates than people recognize and you and your client need to know that there is exposure to loss when investing in bonds. Oftentimes a bond failure doesn’t actually mean the bond is worthless. It could simply mean a restructuring or a delay in an interest payment.
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