Don't play with bonds.

[fenders53]

(03-15-2021, 07:48 PM)ken-do-nim Wrote: Great thread idea.  Last year, I took a long look at bond funds and I came to the realization that a steady dividend "value trap" like AT&T is still better.  

That said, actual bonds aren't a bad idea.  I just received a check a few months ago from one I held for 5 years.

Good point.  Yes if you buy one and never sell it you will receive the yield and your principal back.  Right now that is about  2% for a 20 year hold.  ATT giving back 2-3% of your capital annually as it has is still better by a couple hundred basis points over a current bond.  Bonds are that bad right now.