- 01
Bonds Deep Dive: Gov / IG / HY
A bond is a loan you give. Three borrowers, three risk levels, three different yields.
- 02
Coupon, Maturity, Yield, YTM
Four numbers describe every bond. They are easy once you separate what is fixed from what moves.
- 03
Duration & Interest-Rate Risk
Long bonds are wildly more sensitive to rate moves than short bonds. Here is the slider that proves it.
- 04
Bond Laddering
Buy bonds maturing every year. Reinvest the matured ones at the long end. Smooth the ride.
- 05
REITs: Structure & Dividends
REITs collect rent and pay it out. Realty Income vs the broad market — same starting investment, very different paths.
- 06
Commodities: Gold, Oil, Agriculture
Commodities are inputs to the real economy. They do not pay dividends. Most investors only need a small inflation hedge.
- 07
International Equities (DM vs EM)
The US is 60% of the global market. The other 40% is everything from Nestlé to TSMC — and it is not optional.
- 08
Currency-Hedged vs Unhedged
When you buy a foreign stock, you also buy that country's currency. Sometimes you want to strip that out.
- 09
Alternatives: PE, Hedge Funds, Crypto
Most retail investors cannot reach PE or hedge funds — and probably shouldn't. Crypto is its own category.
- 10
How Each Fits into a Portfolio
Bonds, REITs, international, alternatives. Slide each into your allocation. Sign the pie.
Capstone