Richelson Hildy - Bonds

Contents

More Praise for Bonds, second edition

Theres no such thing as risk-free investing, but Bonds, second edition, gives investors practical advice on ways to minimize risk while growing their assets.

Bill DAlonzo, Chief Executive Officer of Friess, Associates, manager of the Brandywine, Funds family of growth-stock mutual funds

Over the past decade, the truth that investment in equities is a sound, and perhaps the surest path, to long term portfolio success has been severely tested. The Richelsons make a persuasive case for taking a path less travelledthat of investing in individual bonds. With historical examples comparing the stock and bond markets, risk-reward analyses, and exploring of the magic of compounding, the book is, at a minimum, a fascinating read that for many will be a blue-print for a revolutionary new portfolio design.

Victor Keen, Of Counsel, Duane Morris LLP

Hildy and Stan have written the Everything You Always Wanted to Know About Bonds But Were Afraid to Ask book. This book provides clear and concise insights into bond investing.

Alan Schapire, CFP, CPA/PFS, Principal, Libra Financial Planning

Stocks are always risky, no matter the long-run. Bonds should always have a place in investment portfolios. Stan and Hildy have been saying this correctly for years. Bonds: The Unbeaten Path to Secure Investment Growth, now in its second edition, is one of the best in-depth reviews of wisely navigating the bond markets and how to practically implement thoughtful strategies for financial advisors and advisor-clients alike. Fellow colleagues, this is a must read.

Michael Dubis, CFP, President, Michael A. Dubis, Financial Planning; Adjunct Lecturer, University of Wisconsin Graaskamp Center for Real Estate; past NAPFA National Conference Chair

Bonds still arent part of the nations financial culture, years after this books first edition and through the stock markets ups and downs. Dont blame the Richelsons. Better yet, leaf through their book for a detailed examination of the only investment where income is king.

Joe Mysak, editor of Bloomberg Briefs daily Municipal Market

Bonds, Second Edition explains the reality of todays complex world of investing. It shows how bonds can be more predictable and more profitable for somebodys financial future. The Richelsons take the facts of investing and they explain how to make it safe. What could be better than that?

Paul H. Frankel, Partner, Morrison & Foerster

The Richelsons have advocated the virtue of bonds long before they became in vogue when the stock market tsunami hit every American in 2008/2009. The second edition of their book about bonds is a must read for anyone who hasnt invested in bonds because they dont understand them, or, who wants to understand what they already own. Stan and Hildys passion for bond investing is contagious.

Kent R. Addis, Jr., President, Addis & Hill, Inc.

With every conceivable bond topic discussed in plain English, this book is the most useful and practical guide to bond investing. If youre looking for the how to and why of prudent bond investing, this book is for you. In thoughtful reflection, the 2nd Edition will enhance your understanding of the 2009 credit crisis, and will help you steer clear of bond investing mistakes.

Jeffery B. Broadhurst, MBA, CFA, CFP, President of Broadhurst Financial Advisors, Inc.

Finally an up-to-date practical book on fixed income vehicles as well as strategy in using them. A must-have resource for all levels of investors as well as advisors interested in growing their assets as securely as possible. Readers will truly benefit from Hildy and Stan Richelsons independent thinking and experience on effectively using this major asset class.

Harry Scheyer, CPA/PFS, CFP, Pinnacle, Financial Advisors

A great insight on understanding bond portfolios. It is an area of investing that is often overlooked and not understood.

Fred Amrein, Founder & Principal, Amrein Financial

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Copyright 2011 by Hildy Richelson and Stan Richelson. All rights reserved.

Published by John Wiley & Sons, Inc., Hoboken, New Jersey.

Published simultaneously in Canada.

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Library of Congress Cataloging-in-Publication Data:

Richelson, Hildy.

Bonds : the unbeaten path to secure investment growth / Hildy Richelson and Stan Richelson. - 2nd ed.

p. cm.

Includes index.

ISBN 978-1-118-00446-3 (hardback); 978-1-118-10654-9 (ebk.); 978-1-118-10655-6 (ebk.); 978-1-118-10656-3 (ebk.)

1. Bonds. I. Richelson, Stan. II. Title.

HG4651.R528 2011

332.6323dc22

2011010980

To the youngest members of our family, Maya and Emily Carpenter, and to our newest family member, Kate Williams, who have expanded the possibilities for our future.