Psychology Of Investing - Dohanomics

Bond/Debt funds are match savers


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Unlike equity debt funds are not match winners but match savers. No wonder people don't understand the importance of debt in the portfolio. Debt is less glamourous but more consistent. Like great fielders who may not be looked upon as hero like the star batsman or bowlers but they ensure that by saving 15-20 runs consistently their team get lesser target and the opponent team have to put extra effort to achieve their target.
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Psychology Of Investing - DohanomicsBy Vinayak Sapre