Savings Account vs Bond Fund (FQF)

Here are the questions for this week's Five Question Friday (FQF):

1. Are savings accounts better than bond funds?
2. Can you please explain nominal and real returns?
3. Does it matter if the market is up or down if you do a Roth conversion?
4. Will I be taxed twice on reinvested dividends?
5. Do you really need more than one broker?

Bonus Question: What camera and mic are you using?

Sony a6400: https://amzn.to/43ZoQrq
Audio-Technica AT8035 Line + Gradient Shotgun Condenser Microphone: https://amzn.to/42crhVa
Shure SM7B Microphone: https://amzn.to/4ca2Wnu

0:00 - Intro
0:48 - Are savings accounts better than bond funds?
7:32 - Can you please explain nominal and real returns?
8:34 - Does it matter if the market is up or down if you do a Roth conversion?
12:54 - Will I be taxed twice on reinvested dividends?
17:14 - Do you really need more than one broker?
19:10 - Bonus Question: What camera and mic are you using?

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ABOUT ME

While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. I've since sold my websites, bought them back, and started a new website and this YouTube channel.

I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

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