Fixed income securities, which include bonds, are debt instruments that pay regular interest payments and repay the principal when they mature. They are considered less risky than stocks and can provide a steady stream of income.
There are many benefits to buying fixed income securities such as providing diversification to a portfolio, offering a hedge against inflation and providing a regular stream of income. Historically, fixed income securities have been less volatile than stocks and can provide stability to a portfolio during times of market turbulence.