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Message
re: Bonds
Posted on 7/3/13 at 5:12 pm to Vols&Shaft83
Posted on 7/3/13 at 5:12 pm to Vols&Shaft83
Bonds should be bought for income, not price
appreciation.
appreciation.
Posted on 7/3/13 at 6:22 pm to oldtimefootball
I would never buy bonds, the growth opportunity does not exist.The only time I would ever use bonds is if I was like 70 and had $20M and wanted a no risk play. I'd go all in on Muni's and live out my days. I have a friend of mine who does that but he's in his 50's and I don't even think he's taking into account another 30+ years of life with that plan. He very well could lose tons to inflation but he seems happy.
This post was edited on 7/3/13 at 6:24 pm
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