Quote:
Originally posted by 84porsche
I am still relatively young and want to make some good investment choices now with my limited income so that when I reach 40 or older that I can cut back on work and live off my investments. I know I may be dreaming but no rat race for me so to speak. I will have to look up high-yield bond funds.
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If you are interested in locking in the bucks long-term, I'd would only invest a very small percentage of cash in bonds. The rest should go into growth, value, international stocks and mutual funds. I think you are heading in the right direction re: the rat race. Let your money work for you.
On the other hand, if you think you will need the cash for upcoming business or investing opportunities, short-term bonds are a good place to park your cash and maintain buying power.
good luck, jurgen
EDIT: TyFenn posted while I was typing. I agree with the advice.