Understanding the World of Bonds
Stock markets and mutual funds keep our universe closed to bonds. It is as if we are happy with liquid funds at 6% or 7%pa (per annum), or we are chasing stocks that can add zeroes to our wealth. Between these two extremes, there is also a world where we can invest money for fixed periods and fixed returns. I am sure that those of you who have been readers of Moneylife for long are aware of...
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