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Update: 2024-08-16
Description
Stock market update for August 16, 2024.
New: Bond Account
Discover a new way to invest in bonds and earn a 7.3%* yield with monthly interest payments.
*A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this Account are used to purchase 10 fractional investment-grade and high-yield bonds in equal par value allocations. All bond investments are subject to risk, including risk of default. High-yield bonds carry greater risk of default than higher rated bonds. Learn more
- Advertised yield is the annualized yield to maturity of all 10 bonds in the Bond Account. The first bond in that set matures in four years; at that point, the avg yield to maturity of the remaining bonds will change. Note that you may not actually receive this yield if you sell the bonds prior to maturity, or if the bond issuer defaults or calls the bond.
- Payments are anticipated, but all bond transactions are subject to risk of missed payments or default.
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