In Plus episode 529, we discuss whether it is worth reading the annual reports of funds and ETFs. We contrast investing in baby bonds versus preferred stock. Finally, we examine the investment in CLO equity-focused closed-end funds. … [Read more...]
97: The Great Financial Crisis
What caused the great financial crisis and how the lessons learned apply to our own financial lives. Photo by A. Golden In this episode you'll learn: What caused the great financial crisis.What are mortgage backed securities and collateralized debt obligations.What is overcollateralization.How leverage and accounting rules contributed to the crisis.How we can apply the lessons learned from the great financial crisis to our own financial lives. Show Notes To Big To Fail: The … [Read more...]