if the euro collapses?, page-6

Menta, I understand that bonds must be bought in minium quantities eg. $100k +.

Also, yes bonds' yields falling increases their value but the reverse also applies. If there is an increase in inflation your return after tax drops. If a return at the moment is 6%, inflation 2.8% and your tax rate is 30% your return is paltry.

If the value of the bond increases technically your return shrinks although in practice this isn't the case.

Bonds bought for security of income and principal are neither. The big super funds etc use these for their specific fund allocations.

You cannot live off bonds unless you own a very substantial number and amount. Goconnect, the toll roadway in Melbourne is in the throws, after a takeover, of acting like an 30 year annuity with compensation for inflation.

There's heaps of alternative investments like hybrids etc.

But it's a minefield out there. Getting the right advice is hard work.