Fidelity maxi ISA Performance

JoeK_3

jamesd wrote: »

That's one of their advantages, when you combine them with stocks and shares: when the stocks and shares go down because of economy problems, general interest rates go down to stimulate the economy and bonds go up in value, reducing the effect of the downward move of the stocks and shares. The opposite happens when general interest rates rise, making the estimated peak interest rate time a good time to buy bonds.

The theory is fine but when will that be?

JoeK

jamesd

The down part has been happening since the BoE and Fed started raising interest rates. The up? Maybe in a year, unless there's another shock to the markets to get people runing for bonds.

Your cristal ball is probably better than mine.