PART V
BOND INVESTMENT STRATEGIES AND RICHELSON INVESTMENT RULES
“If you don’t know where you are going, you will end up somewhere else,” said Yogi Berra. In this part of the book, we help you get to where you would want to go—if you knew where that was. In Chapter 19, we outline a four step financial planning program based upon bonds. Before creating your financial plan or making any investment, you should update your life objectives and financial needs. After you have considered your future, divide your investment funds into two pots: secure and speculative. Having done that, consider what the after-tax consequences of your investment choices might be and how the results might modify the working model of your proposal. Finally, purchase plain ...
