How a "Dull" Investment Can Be a Great Investment

[adufutuvorug]

So I started looking into it. They were right! I thought bond yields could go no lower than they were two years ago, yet they did, In turn, that brought the prices -- i.e., the principal on their investment -- up!

[Afteltfause]

First of all, the simple idea that a rise in interest rates would cause their principal to fall worried me. But my greater fear was that they did not even know what types of bonds they were invested in!