Don’t Pay Your Debt, Bonds Surge, and Are Mortgages Anti-Millionaire? | Ep 53

In Episode 53 of the Personal Finance Club Show, Jeremy and Jenn kick things off with a game of "Name That Celeb" during banter before jumping into "Scroll Patrol" to react to trending online money advice. In "Hot Topics," they tackle bond yields and demystify how bonds work, defining key concepts like principal, coupon rates, and market price. Jeremy explains why bond values fluctuate inverse to interest rates and highlights why holding simple, self-cleansing bond index funds beats trying to pick individual bonds.Next, in "Can I Ask A Dumb One?", Jeremy and Jenn take a question from Scott in Boise about bond allocation in retirement. Jeremy walks through a scenario comparing two retirees during the 2008 Great Financial Crisis, demonstrating how sequence of returns risk can devastate an all-stock portfolio while showing how a balanced allocation supported by the historic Trinity Study provides the best long-term survival rate. Finally, in "Jeremy Had Time Today," they address TikTok comments regarding tax strategies, dispelling the myth that writing off expenses is the same as getting free money, before ending with their signature reminder to live below your means and invest early and often.Helpful links:Ask a question: https://personalfinanceclub.com/ask/Flat-Fee Financial Advisors: https://hellonectarine.com/One hour learn to invest course (free): https://personalfinanceclub.com/start-here/Bond surge: https://www.instagram.com/p/DcOlapXm-Wd/Scroll Patrol: https://www.instagram.com/reel/Dbg2Z06vlWd/?igsi=NTc4MTIwNjQ2YQ==Jeremy Had Time Today: https://www.tiktok.com/@personalfinanceclub/video/7112481280427658542