This works if you never need to liquidate early. For most people such a need to get their cash out occasionally happens. Regardless of how you stagger your bonds, if you need to sell before maturity, there is a chance they will be worth less.
This works if you never need to liquidate early. For most people such a need to get their cash out occasionally happens. Regardless of how you stagger your bonds, if you need to sell before maturity, there is a chance they will be worth less.
The only money if buy a bond with is money I'd put in a certificate of deposit (CD) anyway.
You can sell gilts early. There's just a chance of a small loss.
Unlikely ATM while rates are expected to fall.