Re: Bonds - which time period
It really depends on what you plan to do with those bonds. Do you plan on holding for the entire term? If so, then your next question is, when do you need the money? If you plan on holding for the entire term and don't need the money, then you're better off going with the highest yield. Once you lock in the yield, it doesn't matter what the bond does as you'll be paid back your principal plus interest. This is all assuming that there is a small chance of default.
|