I am in my early 40s, and do active investing on my own.
Recently I was contacted by an agent, who shared about investing in high yield Asian bonds.
I was initially sceptical but it seems that these are very different from mini bonds, and the failure rate has been historically low.
I am thinking of investing about 10% of what I usually invest in the stock market in these bonds.
The main catch is that the investment commitment is over 10 years, which seems fine to me, and after that, I am able to decide whether to continue investing or not.
Would you be so kind to share your thoughts please?
High yield bonds are a nice way of saying junk bonds.
They are junk bonds for a reason and you should be wary of the financial strength of the issuers …