Chapter 6. Bonds—An Investment for All Seasons
“Loss of capital is a far more regrettable alternative than loss of opportunity.” | ||
| --Kenneth Safian[1] | ||
Bonds can play an important role in your investment program by providing a dependable source of income and can improve your overall financial safety by diversifying your other investments in stocks, commodities, and real estate. When you buy a bond, you know in advance what that income will be for the life of your investment, which is why bonds are considered to be safe investments. Also, unlike the case with stocks, you have a high degree of control over the level of risk you assume at the time you select your bond investments.
However, there is more to bonds than just safety and predictable income. ...
Get Beating the Market, 3 Months at a Time: A Proven Investing Plan Everyone Can Use now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
