With possible interest rises should I still buy bond funds?
24 November 2021
Question by Stewart
With possible interest rises should I still buy bond funds?
Answered by Boring Money
Hi Stewart,
If you're looking for an increased potential over the longer term (10trs+) then it might be a better idea to look at equities over bonds. However, for the shorter term, paying off any debts could be an alternative idea to buying bonds. Equally, building up a cash buffer for emergencies could be a good idea if your bank interest rate also rises.
Hope this helps and provides a few different considerations to buying bond or gilt finds.
Best regards.