With More than one trillion dollars in bonds outstanding, the Canadian fixed income market is enormous. In fact, its daily trading volume is almost five times that of the equity markets. Yet investors and even many financial advisors know little about it. In Your Best Interest demystifies the retail fixed income market, from the basics of a bond to the various products available to a full discussion of the mathematics of bonds and the bond market. It also provides useful tips on selecting the right advisor. In Your Best Interest gives you the tools to meet your income and retirement needs by making the retail fixed income market less expensive, more accessible, and more efficient.
A very Good book which contains excellent information. For those not wanting to understand this topic be aware it is a dry and possibly un-interesting read. The book describes how to build a laddered bond portfolio with zero coupon bonds. For those interested in finance/investing and with little knowledge of bonds this is recommended. It is a book that will be read over and over for the data in it.