There’s a murder story in my home town and the guy had a $6 million bail and paid it. How? I understand there are places you can get bond money but $6 million? Every time i google it, the results are just bail bond links and advice to get off.
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Well, bonds go up and down differently than the stock market. You are buying bonds(loaning money) and getting it paid back with interest. Many different bonds pay different rates and do different things. It’s important to have more bonds when you are retired so that you make steady income instead of potentially losing everything in a downswing.
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