• What A Bond Is & How A Bond Works 
• Why Invest In Bonds 
• New Issue vs Secondary Market Bonds  
• Interest Rates & Bond Prices 
• Current Yield & Yield-To-Maturity
• Always Remember This
• Buying At Par, Above Par & Below Par 
• Different Types Of Bonds 
• Wrap-Up 

• Seven Key Bond Risks
• Credit Risk
• Interest Rate Risk
• Reinvestment Risk/Call Risk
• Inflation Risk
• Liquidity Risk
• Currency Risk & Country Risk
• Bond Risk Mitigation Strategies
• Wrap-Up

• What Are US Treasuries
• Why Invest In Treasuries
• Where Can You Buy Treasuries
• How Are Treasuries Taxed
• Wrap-Up

• What Are Treasury Bills (T-Bills)
• When Do T-Bill Auctions Happen
• Where Should You Buy At Auction
• Auto-Roll When Buying At Auction
• Where To Find Recent Auction Results
• High Rate vs Investment Rate 
• Reopening Auctions
• Cash Management Bills (CMBs)
• Buying & Selling On Secondary Market
• Wrap-Up

• What Are Treasury Notes & Bonds
• When Do Auctions Happen
• Buying Treasury Notes & Bonds
• Auction High Yield & Interest Rate
• Floating Rate Notes (FRNs)
• Treasury Zeros (STRIPS) 
• Wrap-Up

• What Are TIPS
• When Do TIPS Auctions Happen
• Nominal vs Real Yields
• Negative Yields
• How Do You Adjust TIPS For Inflation
• Taxes On Phantom Income
• Secondary Market Liquidity
• Wrap-Up

• What Are I-Bonds
• How Does I-Bond Interest Work
• I-Bonds vs TIPS 
• The Annual I-Bond Limit
• Wrap-Up

• The Universe Of Bonds
• What Are Agency Bonds
• How Are Agency Bonds Taxed
• Treasuries vs Agencies
• Who Might Want To Consider Agencies
• Yield-To-Call & Yield-To-Worst
• Where Can You Buy Agency Bonds
• Wrap-Up

• Our Bond Universe Gets More Complex
• What Are Municipal Bonds
• How Safe Are Munis
• How Are Munis Taxed
• The De Minimis Rule
• Social Security & Medicare Premiums
• Treasuries, Agencies & Munis
• Who Might Want To Consider Munis
• Wrap-Up

• Our Bond Universe Is Complete
• What Are Corporate Bonds
• How Safe Are Corporates
• Corporate Bond Hierarchies
• Five Key Features Of Corporate Bonds
• How Are Corporates Taxed
• Treasuries vs Corporates, Etc.
• Who Might Want To Buy Corporates
• Wrap-Up

Bond Beginners is a self-paced course for the do-it-yourself investor who is starting from scratch (e.g., with no/little understanding of bonds) as well as for an investor who just wants to brush up on fixed income basics. 

The overall focus of this course is on individual bonds issued by the US government, agencies, municipalities & corporations, although we will have a few videos on the secondary market as well. 

The detailed course overview above walks you through the video topics we will be covering in Bond Beginners & the order in which we will be doing this.

If you already have a good understanding of the following:

• How a bond works & foundational terms such as auction vs secondary market, callable vs non-callable, nominal vs real yields, high rate vs investment rate, high yield vs interest rate, inflation-adjusted principal value, etc.
• The difference between Treasuries, agencies, munis & corporates as well as inflation vs non-inflation-protected bonds, etc. &
• The fundamental risks of bond investing (e.g., credit risk, interest rate risk, reinvestment risk, liquidity risk, etc)

…then it may make sense to check out our self-paced intermediate-level Bond Masters course instead. You can also buy both Bond Beginners & Bond Masters as a bundle HERE & save $100 today!

Please note that while we will provide some important considerations & bonus tips on retirement accounts & taxes, this will all be within the context of a how to invest in bonds & is not a full retirement or tax plan. 

This course is also not intended for institutional investors, financial advisors, bond traders and/or anyone interested in investing in foreign debt.
 

That is completely fine - this course does not assume any prior bond knowledge. For example, the first video in Module 1 is titled “What Is A Bond & How A Bond Works”. You can also buy both Bond Beginners & Bond Masters as a bundle HERE & save $80 today!

If you consider yourself somewhere between the beginner & intermediate level when it comes to your bond knowledge, it will be up to you whether you want to skip some of the more basic videos in Bond Beginners. You can also buy both Bond Beginners & Bond Masters as a bundle HERE & save $100 today!

The live online course sessions are one (1) hour each.

There will be four (4) live online course sessions per year. At the moment, we expect these live online course sessions to take place in April, July, October & January. 

You will receive an email notification prior to the scheduled live online course session date.

The replay will be available afterwards in the Bond Beginners course area for viewing at your convenience. 

If you have questions as you work your way through the course, you can pre-submit them before the quarterly live online course session via a link that will be provided in the live online course session email notification. Pre-submitted questions will generally be answered in the priority they were received & within the allotted live online course session time frame. If there is time remaining, we will do our best to answer the questions received from the live online course session chat in the order they are received. 

If you do not wish to wait for our quarterly live online course session, the quickest way to get an answer and/or community feedback is to join our super-supersaver membership VIA YouTube, and then to post your question as a comment below our most recent YouTube video or post. 

Due to the volume of comments and questions we receive, we cannot guarantee an answer to every question, but we will do our best to address as many of them as we can. Watch this video to learn more about our super-supersaver membership VIA YouTube.
 

This course is for general informational, educational & entertainment purposes only & is not intended to be a substitute for advice from a professional financial advisor or qualified expert. We are not YOUR financial advisor nor are we tax or legal advisors, so we will not be able to answer questions or make recommendations that are specific to your individual circumstances, goals & expectations. Please consult with your advisor of trust for your personal situation. What you will learn in Bond Beginners should lay the groundwork for even more constructive conversations about your overall portfolio.
 

You do not need to purchase any software to use our courses, but you may need to download or create accounts for some free software. You should download Adobe Acrobat Reader for the best experience to view & print our slides & PDF files. In some cases, Google Sheets may be needed for tools that we may add to this course on an as-needed basis.

You have 7 calendar days from the purchase date to request a full refund if you are not satisfied. Please email  support@diamondnestegg.com with your full name, the email address you used to make your purchase, your order number, your purchase date, and the reason for the refund request. A team member will follow up with you within 30 calendar days.

Unfortunately, we cannot apply a discount or coupon code retroactively to a previous purchase. If you wish to request a refund & are within 7 calendar days of your purchase, please email support@diamondnestegg.com with your full name, the email address you used to make your purchase, your order number, your purchase date, and a team member will follow up with you within 30 calendar days.

Your access will be automatically renewed after your first 12 month period & every 12-month period thereafter. The renewal cost for 2025 is expected to be $60 for the subsequent 12-month period. You will be notified via email prior to the renewal date with the option to cancel if you wish. After renewal, you will have a 7-calendar-day grace period to cancel by emailing us at support@diamondnestegg.com with your full name, the email address you used to make your purchase, your order number, your renewal date, and the reason for the refund request. A team member will follow up with you within 30 calendar days. If you wish to cancel after the 7-calendar-day grace period, this cancellation will take effect when your then current term expires. For example, if your course membership renews on April 1st, 2025 and you notify us on April 9th, 2025 of your intent to cancel, your course membership will be canceled on March 31st, 2026.

If you have any questions about your purchase, contact us at support@diamondnestegg.com.