Unlock the secrets of smart investing with
Investing in Bonds: The Concept Explained by Lalit Mohanty — your complete guide to mastering the bond market. From the fascinating history of bonds to modern strategies using AI and blockchain, this book simplifies complex concepts like yields, credit risk, inflation protection, and portfolio building. Whether you're a beginner or an experienced investor, you'll discover how to use bonds for stable income, capital preservation, and long-term wealth creation. Clear, engaging, and packed with powerful insights — this is the bond book every investor needs.
Table of ContentsIntroduction- Why This Book?
- Who Should Read It?
- A Quick Overview of Bonds
Part I: Understanding Bonds – The FoundationChapter 1: The Origins of Bonds- The First Bonds in History
- Bonds in the Roman Empire and Renaissance Europe
- Evolution of Government and Corporate Bonds
- Bonds in the Modern Global Economy
Chapter 2: What is a Bond?- Definition and Structure
- Bond Terminology: Principal, Coupon, Maturity, etc.
- How Bonds Differ from Stocks
Chapter 3: How Bonds Work- The Issuance Process
- Bond Pricing and Market Behavior
- Understanding Accrued Interest
- Real-World Bond Examples
Part II: Key Concepts Every Investor Must KnowChapter 4: Bond Yield Demystified- What is Yield?
- Types of Yield: Current Yield, Yield to Maturity (YTM), Yield to Call
- Yield Curve and Its Economic Signals
Chapter 5: Ratings and Credit Risk- Role of Rating Agencies (S&P, Moody’s, Fitch)
- Investment Grade vs. Junk Bonds
- Credit Risk vs. Interest Rate Risk
Chapter 6: Types of Bonds in the Market- Government Bonds (Treasury, Municipal)
- Corporate Bonds (Investment Grade and High Yield)
- Zero-Coupon Bonds
- Convertible Bonds
- Inflation-Protected Bonds (TIPS)
- International and Emerging Market Bonds
- Green Bonds and ESG-Linked Bonds
Part III: Investing in Bonds – Strategy and ExecutionChapter 7: How to Invest in Bonds- Direct Bond Purchase vs. Bond Funds
- Exchange-Traded Funds (ETFs)
- Buying Bonds via Brokers and Government Platforms
- Minimum Capital and Accessibility
Chapter 8: Building a Bond Portfolio- Setting Investment Goals
- Diversification and Risk Mitigation
- Laddering Strategy and Barbell Approach
- Tax Considerations and Tax-Free Bonds
Chapter 9: Risks in Bond Investing- Interest Rate Risk
- Credit and Default Risk
- Reinvestment Risk
- Inflation and Currency Risk
- Liquidity Risk
Chapter 10: Bond Market and Economic Indicators- How Bonds Reflect Economic Health
- Role of Central Banks and Interest Rates
- Bond Market vs. Stock Market in Times of Crisis
Part IV: Advanced Insights and Hidden KnowledgeChapter 11: Uncommon Facts and Secrets of Bonds- Hidden Costs in Bond Funds
- How Institutions Use Bonds Differently
- The Role of Bonds in Debt Monetization
- Historical Bond Defaults and Lessons
- Sovereign Bonds: From Greece to Argentina
Chapter 12: Bonds vs. Other Asset Classes- Bonds vs. Stocks
- Bonds vs. Real Estate
- Bonds vs. Gold and Commodities
- Where Bonds Fit in Your Overall Investment Plan
Part V: Final Words and Practical GuidanceChapter 13: When and Why Bonds Make SenseChapter 14: Common Mistakes to AvoidChapter 15: The Future of Bond Investing