Talk of The Villages Florida - View Single Post - I just don't get the wisdom of investing in bond funds.
Thread: I just don't get the wisdom of investing in bond funds.
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Old 11-13-2023, 09:17 AM
collie1228 collie1228 is offline
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Quote:
Originally Posted by Caymus View Post
Keep in mind that the returned principal would effectively be worth less if you bought the bond at 1% and it matures when rates are 5%.
Is that true? If I keep the bond to maturity, I don't care a bit what it's value is on a bond market. I get paid the principal. What am I missing?