Do you invest in bonds? You might not realise it but you probably do. If you have a workplace pension the default is to invest you in both stocks and bonds. But is this actually the right way to build long-term wealth? Ramin Nakisa from Pensioncraft and friend of the podcast, is a fan of bonds. That doesn’t mean he thinks they’re always the right choice but he believes they can be more useful than you might think. 🤝 Want 1:1 money help from us? Answer a few questions to find the right service & book free call: https://getmost.typeform.com/pod-episodes 🎉 Sponsors: Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney ✉️ Newsletter: If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S3E3 Disclaimer: This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. Chapters: 00:00-00:42 - Intro 00:42-04:39 - What is a bond? 04:39-09:51 - When to use bonds 09:51-13:49 - Bond yields 13:49-14:45 - Hostinger ad 14:45-21:50 - How to invest in bonds 21:50-25:40 - Bond funds 25:40-31:57 - Why the 60/40 rule is dead 31:57-38:05 - Pension funds & bonds 38:05-47:37 - How politics affects bonds 47:37-01:00:35 - The ultra-short bond market 01:00:35-01:05:32 - How to use a bond ladder in retirement