Fixed income is a type of financial instrument that provides a steady stream of income over a set period of time. It is a form of investment that can help you achieve financial stability by providing a steady and reliable source of income.
Fixed-income investments are typically bonds, which are loans made to a government, business, or other entity. When you purchase a bond, you are essentially lending money to the issuer in exchange for a fixed rate of interest. The interest rate is typically fixed for the entire duration of the bond, meaning that your income from the bond will remain the same over time.
This investment can be an excellent way to diversify your portfolio and provide a steady stream of income. They are generally considered to be low-risk investments, as the issuer is obligated to pay the interest and principal on the bond at the specified rate and time.
These Securities, fixed-income investments are typically less volatile than stocks, making them an attractive option for investors who are looking for a more stable investment.