Most people live from pay check to pay check. I don't like that and because I'm an entrepreneur I need to have more money on my saving accounts than most people need to have. Having money in a saving account helped me through the lockdowns and through low seasons of entrepreneurship. The summer vacation is one of the low seasons for entrepreneurs, because nobody is working and almost no orders and quotations are issued. Therefore I live on the money earned earlier. This money I put on a saving account like I tell in the blogs 'Investing In Savings' and 'Investing In Deposit'. Another way to save is through bonds, which I will explain in this blog.
There are two ways to invest in bonds. The first one is by buying ETFs or shares bond funds (aandelen obligatiefondsen). This can be done through brokers. I don't buy bonds this way, because I don't want to go through all the bonds that are in a particular ETF or fund. It is time consuming.
Investing in bonds is different from crowdfunding. Crowdfunding is away to lend companies, social organizations and individuals money in a market just below banks and credit companies with a high percentage of interest. The risk with crowdfunding is higher and mostly for the investor. Bonds are like shares, I own a little part of the company with or without decision power. Bonds have risk too, but it is lower than with crowdfunding. To be able to invest in bonds I invested time in making myself financial literate by having a bachelor in Business Economics, following various courses on investing, reading a lot of books about how to build financial security and keep up with news about bonds from various newspapers and other reading material about investing. I found and still find investing opportunities in newspapers, blogs, magazines and newsletters.
*Hogeschool Economische Studies Amsterdam ( HES Amsterdam) merged in 2004. I graduated in the summer of 2004, before the merger.