Why Bonds Are More Important to Your Financial Portfolio Than You May Realize
Remember the cardinal rule of bonds: When interest rates fall, bond prices rise, and when interest rates rise, bond prices fall. As we've seen lately, stocks are more likely to grab the headlines, but over time bonds do some of the heavy lifting that can make a real difference in the success of your portfolio. Let's take a look at a few of the reasons why that is so.
For one thing, bonds generally represent a safer place to
