Burton G. Malkiel Quotes
Unlike Common Stocks, Whose Dividends And Earnings Fluctuate With The Ups And Downs Of The Company's Business, Bonds Pay A Fixed Dollar Amount Of Interest. If The U.S. Treasury Offers A $1,000 20-year, 5 Percent Bond, That Bond Will Pay $50 Per Year Until It Matures, When The Principal Will Be Repaid. Corporate Bonds Are Less Safe, But Widely Diversified Bond Portfolios Have Provided Reasonably Stable Interest Returns Over Time.
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