Follow your favourite podcasts, listen offline and in the car with CarPlay and Android Auto, and always pick up where you left off. Free to try.
What should you do if your bank account gets hacked—and why are rising interest rates causing so much confusion in the bond market?
In this episode of Dollars & Sense, Joel Garris and Chet Cowart walk through practical steps to take if you discover suspicious activity in your bank account, including how to contact your bank safely, document fraudulent transactions, secure connected accounts, update passwords, and protect yourself from identity theft.
Then, they shift to the bond market and explain the relationship between interest rates and bond prices, why rising rates can hurt bond values in the short term, and how higher yields may create better long-term opportunities for investors. They also compare individual bonds and bond mutual funds, helping listeners understand how each may fit into a diversified financial plan.
Topics covered include bank fraud, account takeover scams, cybersecurity, multifactor authentication, identity theft protection, bond prices, Treasury yields, interest rates, bond funds, diversification, and long-term investing.
💵 About Dollars & Sense: 💵 Hosted by Joel Garris, a Certified Financial Planner and Fiduciary at Nelson Financial Planning, Dollars & Sense is one of Central Florida’s longest-running radio programs and a top 25 financial planning podcast. Each week, Joel and his team provide expert insights to help you make sense of all your financial decisions.
👉 Visit our website: nelsonfinancialplanning.com for more resources and to connect with our team of Certified Financial Fiduciaries.
About Joel Garris: Joel Garris is a Certified Financial Planner and Fiduciary at Nelson Financial Planning. He’s dedicated to providing comprehensive financial advice to help you achieve your retirement goals. With a team of expert advisors, Nelson Financial Planning is committed to delivering personalized and effective retirement and financial planning solutions.
