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Like all bond funds, they have no maturity date, so there is never an assurance of ever receiving your principle.
If you want to behave in that sort of way, your principle is going to have to be 'don't lie to your friends'.
If you are invested in individual bonds, at least there is a maturity date; so even if rates rise and prices fall during its term, you would still receive your principle at maturity, all other things being equal.
As Liz Ann Sonders, chief investment strategist for Charles Schwab & Co. asserts, "from a broad financial planning perspective, the view on real estate is that your principle residence should not be viewed as an investment.
Remember your principle objective.
Protecting your principle and living off the interest should be your largest bucket.
Similar(40)
"Stand for your principles.
Where are your principles?
Wait, you forgot your principles!
"You had to lie against your principles.
No need to compromise your principles, though.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com