
We continue into the second leg of episode 2 talking about bonds, fixed income loans, and medium-term savings. Trog outlines the options for 2-10 year savings plans, and how he thinks about diversifying this champagne glass of the savings pyramid. Along the way he'll talk about risk in this area of savings (like a government declaring bankruptcy), how he intends to lower the risk of default, and reaffirms that at the end of the day bonds are loans. Brett and Trog walk their way through the idea of loaning money to friends or a government, and being prepared for the risk and uncertainty of being a lender.
Part three is still to come in our savings adventure, where we'll cover the long-term champagne glass(es) of savings, and experiment with risk and time to make the most of our opportunities.
Enjoy the episode! Thanks for listening - have a great day!!
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