How Do Bonds Work? | DataDrivenInvestor

A friend of mine moved her 401K stocks into bonds at the end of last year because she thought a revolution was coming. While that assumption was not completely out of the realm of possibility, she unfortunately missed the market runup of the last year. Any good financial advisor will tell you not to try to time the market and I get that, but one should at least know what is going on. And to do that, you need to know how…