Episode Details

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and CFP designation. He is passionate about opening up information to help everyone prepare better for financial certification exams. This episode covers content for the SIE Exam exam. In this episode you will learn: - The difference between secured bonds backed by assets and unsecured bonds (debentures) backed by credit. - How the risk and yield relationship applies to different types of corporate bonds. - The unique features of convertible bonds and their relationship to the underlying common stock. - The concept of "phantom income" and how zero-coupon bonds are taxed annually. - How to identify the riskiest types of debt, such as subordinated debentures. For more resources visit https://open-exam-prep.com/ and connect on LinkedIn at https://linkedin.com/in/chenran818