I have never been a fan of bond funds. Unlike a direct investment in an individual bond that you can hold to maturity and be assured you will get your principal back (assuming no default), a fund has no finite maturity date and most funds are actively traded.
Suze OrmanAbout author
- Author's profession: Author
- Nationality: american
- Born: June 5, 1951
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You ever wonder what a Martian might think if he happened to land near an emergency room? He’d see an ambulance whizzing in and everybody running out to meet it, tearing the doors open, grabbing up the stretcher, scurrying along with it. ‘Why,’ he’d say, ‘what a helpful planet, what kind and helpful creatures.’ He’d never guess we’re not always that way; that we had to, oh, put aside our natural selves to do it. ‘What a helpful race of beings,’ a Martian would say. Don’t you think so?
Anne Tyler