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Let’s talk about bonds

A reader asked about the capital appreciation potential of bonds: It’s sometimes said that bonds are a better investment than cash because bonds have the potential for underlying capital appreciation in addition to their regular yields. But what does the historical record say about that? Do bonds appreciate over time? And if so, how much? And how has this differed historically among different types of bonds? Strictly speaking, the underlying dollar value of most bonds won’t appreciate. With few exceptions, a bond’s price at maturity (also known as par value) will never ...

On the record: Girard Board of Education

Girard WHAT: Board of education meeting Thursday PRESENT: Vince Ragozine, Tammy King, Zachary Steiner, Joe Castor and Scott Strain The board: • Heard from Superintendent Bryan O’Hara that a food pantry and a Care Closet are in place at the K-6 building to provide items to students in need. O’Hara said the Care Closet is in connection with the United Way of Youngstown and the Mahoning Valley. He said space was also made at the school for special education offices behind the library. • Approved the elimination of the instructional educational assistant position at the high ...

Judge OKs SOBE receiver to kill appeal on gasification permit

YOUNGSTOWN — A judge permitted SOBE Thermal Energy Systems LLC’s receiver “to take any action necessary to dismiss” an appeal by the company’s CEO, who abandoned the steam heat utility, to a state agency’s decision to revoke a permit for a controversial waste gasification ...

GabbaCamp named Charity of the Year

The Newcomers of Mahoning Valley has officially named GabbaCamp as its “Charity of the Year,” presenting the organization with a generous donation to support its ongoing mission. Located just outside Youngstown in Coitsville, GabbaCamp is a year-round respite and camping facility. The ...