FLRN invests in floating rate bonds which, by their very nature, have low interest rate risk. To explain why, some context first. Most bonds and bond funds pay a fixed rate of interest for their ...
A simple interest loan calculates the interest based only on the principal you owe. It stands in contrast to a compound interest loan, which calculates interest based on principal and any outstanding ...
If you’re thinking of growing your long-term wealth, it’s imperative to explore various strategies and concepts to make informed financial decisions. One such concept that investors often tend to ...