In Your Best Interest

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Posted by: stak
Tags: book2019
Posted on: 2019-03-30 20:53:46

Book #5 of 2019 is In Your Best Interest: The Ultimate Guide to the Canadian Bond Market. I got interested in learning about bonds after watching some Khan Academy video on the difference between bonds and stocks. Despite it (a) being pretty much the only book I could find on the Canadian bond market and (b) supposedly being written with beginners in mind, I did not find the book particularly illuminating.

While the author seems to have knowledge and experience in the area of bonds, I don't think he did a good job translating that knowledge into a book. Much of the basic stuff was repeated over and over, while the more complex stuff was not explained properly. Also at one point the writing randomly switched (mid-paragraph) from being directed towards a retail investor (i.e. me) to being directed towards an investment advisor. That was just weird.

Anyway, I ended up skimming a big chunk of this book so I can't really claim to have "read" it. I did read the parts that I thought would be most useful, and they did not live up to my expectations. Ah well.

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