Bonds, Explained Through SVB’s Collapse

Buying U.S. government bonds is among the safest investments you can make. In fact, people often put their college funds and retirement savings into bonds. In the midst of recession fears, bonds are often referred to as “risk-free” because there are only two ways you can lose money: 

• The government defaults, which is almost certainly not going to happen, or 
• You sell the bonds early at a loss, which contributed to the collapse of Silicon Valley Bank 

This might make you wonder how safe bonds really are, so WSJ explains why they’re still a good investment.

The World's First Bluetooth Digital Piggybank for Kids

From The Financial Brand -

“Meet Clever Kash, an innovative device in the shape of an adorable toy elephant that uses Bluetooth technology, WiFi and online banking to bring the piggybank into the 21st century.

Let’s face it… Trying to teaching kids the value of money has always been a tough task. Money already seems like an abstraction to them, but in a cashless society the concept becomes even more ethereal. Gone are the days when parents tossed loose pocket change at their kids, and teenagers might just as soon prefer getting Bitcoins instead of the traditional birthday check from their grandparents.

Cash and coins are simply a lot less common these days, and this absence of tangible currency has made the future for piggybanks look pretty bleak.

That is until now.

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