Talk of The Villages Florida - View Single Post - Inheriting non-spousal annunity
Thread: Inheriting non-spousal annunity
View Single Post
 
Old 08-17-2021, 02:30 PM
Gigi3000 Gigi3000 is offline
Senior Member
Join Date: Dec 2017
Posts: 272
Thanks: 761
Thanked 67 Times in 49 Posts
Default
Quote:
Originally Posted by retiredguy123 View Post
I have a small percentage invested in the High Yield Bond Fund, which is paying about 3 percent and invested in low quality corporate bonds. It has been my best income producer. But, I am afraid to put a lot of money into bonds because, if interest rates go up, the bond values will go down faster than stocks. So, if you don't want to be in stocks, you don't have many choices. I would definitely stay away from bond funds that have an average maturity of more than 10 years. Very risky if interest rates rise.
Right on long term bonds. Ok..thanks for the info