This episode of the Finance Flash Go podcast is all about bonds including what they are and how many you need.

A bond is basically an IOU from the government, a corporation, or other entity. You give them money and they promise you to give that amount of money back with a fixed interest rate at a later date (called the maturity of the bond, like 5 years, 7 years, or whatever).  

A stock is a part ownership in a company. You buy one share and you become an owner. Each share has a price tag when you buy it that changes based on various and, at times, arbitrary factors as they are traded in the stock market. If the price goes up, good for you, you just made money. If it goes down…not so lucky.  

Bonds are considered safer investments in general. You will likely want to have both stocks and bonds in your portfolio. The more bonds you own, the more conservative and less risky the portfolio is. However, the expected returns are lower in return. A good rule of thumb is to take your age and round down to the nearest 10. This is the percentage of bonds that you will want to have.

Please enjoy the Finance Flash Go podcast! We plan to release a new episode every weekday answering important finance questions. If you ever want to submit a question to our podcast, send an e-mail to [email protected], and please be sure to check out Jordan Frey’s blog prudentplasticsurgeon.com where he gives great financial advice.

A brief disclaimer While we are providing knowledge and awareness around financial topics in this show, we are not held responsible for any financial decisions you choose to make in response to the podcast. We hope to provide accurate information in regards to money and different methods of wealth creation, but it is always the learner’s responsibility to due their due diligence before making important financial decisions.

We hope you enjoy the show and thanks for tuning in, and if you like the podcast please subscribe, share, and leave us a review on the podcasting platform of your choice!

This episode of the Finance Flash Go podcast answers an important question: What has the stock market done over the long term?

And the answer is...Over the long term, the overall stock market has always gone up!

If you put money in the overall stock market at any point in history and just did nothing and kept it there for 20 years, you would have made a lot of money. This is largely what you are doing by investing in broadly diversified index funds. For example, the brokerage Vanguard (my favorite for its low costs and ease of use) has an index fund of every stock in the entire U.S. stock market. Buy that index fund and you own the next Enron, but you also own the next Apple. And everything in between. This is a safe bet. Over time, I'll show you how to enact a system of rebalancing your accounts to ensure you always buy low, sell high, and profit from the margin.

Please enjoy the Finance Flash Go podcast! We plan to release a new episode every weekday answering important finance questions. If you ever want to submit a question to our podcast, send an e-mail to [email protected], and please be sure to check out Jordan Frey’s blog prudentplasticsurgeon.com where he gives great financial advice.

A brief disclaimer While we are providing knowledge and awareness around financial topics in this show, we are not held responsible for any financial decisions you choose to make in response to the podcast. We hope to provide accurate information in regards to money and different methods of wealth creation, but it is always the learner’s responsibility to due their due diligence before making important financial decisions.

We hope you enjoy the show and thanks for tuning in, and if you like the podcast please subscribe, share, and leave us a review on the podcasting platform of your choice!

This episode is an introduction to the Finance Flash Go Podcast where we provide a question and answer style show every weekday!

The Finance FlashGo Podcast is a podcast co-produced by Plastic Surgeon Dr. Jordan Frey, Family Physician Dr. Neel Desai, and Psychiatrist Dr. Taylor Brana. We also want to give thanks to Atrik Patel for aiding us in content production for this amazing show. One challenge that many people face is that they never learned the proper methods of creating and sustaining wealth. While we all may hold different ideas of what it means to be wealthy, learning lessons about finance is a way you can help yourself, your friends, and your family. Being financially savvy may not be the answer to everything, but it is an important aspect of leading a happier and peaceful life.

Coming from a background in medical training, there was no one throughout the process who taught us the important life skill of being financially savvy. This podcast will bring you a question and answer format where we hope to tackle important aspects of becoming more financially knowledgeable.

Please enjoy the Finance Flash Go podcast! We plan to release a new episode every weekday answering important finance questions. If you ever want to submit a question to our podcast, send an e-mail to [email protected], and please be sure to check out Jordan Frey’s blog prudentplasticsurgeon.com where he gives great financial advice.

A brief disclaimer While we are providing knowledge and awareness around financial topics in this show, we are not held responsible for any financial decisions you choose to make in response to the podcast. We hope to provide accurate information in regards to money and different methods of wealth creation, but it is always the learner’s responsibility to due their due diligence before making important financial decisions.

We hope you enjoy the show and thanks for tuning in, and if you like the podcast please subscribe, share, and leave us a review on the podcasting platform of your choice!