P
ppmoore
Guest
Looking for some advice or pointers...
I recently read a short article in a magazine about government bonds. Does anyone know anything about investing in bonds and why they are supposedly "risk-free"? Surely the price of bonds can rise and fall just like anything else (even property prices).
I sold my house end of last year, and have the proceeds parked in a bank acount. If I look at a future worse-case future scenario and real-estate foreclosures cause an Irish banking crisis (all Irish banks these days make their money by borrowing on the international money markets to finance the house mortgage boom), I was thinking of putting my money into something like bonds.
Many thanks,
Polo
I recently read a short article in a magazine about government bonds. Does anyone know anything about investing in bonds and why they are supposedly "risk-free"? Surely the price of bonds can rise and fall just like anything else (even property prices).
I sold my house end of last year, and have the proceeds parked in a bank acount. If I look at a future worse-case future scenario and real-estate foreclosures cause an Irish banking crisis (all Irish banks these days make their money by borrowing on the international money markets to finance the house mortgage boom), I was thinking of putting my money into something like bonds.
Many thanks,
Polo