2nd Nov 2009 by Mark P. Cussen, CFP, CMFC
A fixed-income investment is a bond or CD. It pays a set rate of interest, called the coupon rate. Fixed income investments have set maturities, ranging from as little as one day to 30 or 40 years. Fixed income investments can also yield capital gains if they trade in the secondary market and are sold at a profit. Fixed income investments are generally geared for more conservative investors who are looking for a definite stream of income.
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