
Learn to Unfollow Your Passion (with Terri Trespicio)
The Stacking Benjamins Show
00:00
Bond Funds
Bonds are basically a promise to pay back aloan with interest over a period of time. Most bond funds average loan length is somewhere between seven and ten years. As interest rates go down, the bonds go up in value. The exact opposite is my concern. Interest rates really low, what happens if they go up? Well, then the bond prices go down,. Your nice and safe, secure, fixed income account for your housedown payment might lose money at some point.
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