Fixed Income is an Appropriate Term



  • Hello,

    It's become fashionable around here to say fixed income is neither fixed nor income.The expression refers to coupons of plain vanilla bonds (no weird terms and conditions, T&C).Under that constraint, the coupons are fixed, and they are income.We can argue over whether a bond fund should be described that way, or for that matter a personally-managed rolling bond ladder (which works out the same), but the term fixed income has good reasons behind it, that reflect the underlying structure of bonds, which are contracts for the exchange of money over time.Should anybody mistake capital for income, let them post in this thread so we can talk about it.

    Please help

    I didn't find the right solution from the internet.

    References:
    https://www.bogleheads.org/for...

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    Thank you


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