Actually, yes. I’d argue that if you invest in bond you fundamentally undermine some of the worst aspects of capitalism. By definition bonds are still a sort of capital; however, a lot of the short-term-ism is motivated by stock speculation, so I’d argue they’re significantly better from a moral perspective. High Yield bonds make quite a lot of money and while they’re “riskier” than normal bonds they’re far safer than any stock.
It’s also worth noting that bonds aren’t as popular as stocks because when you recommend bonds to other people you’re sorta in a worse investment position. Sure the bond value goes up when they buy, but the money in bonds is from the dividends not the bond itself, so if you invest in bonds and tell other people to invest in bonds it becomes harder to buy more bonds when it comes time for re-investment. Moreover, if everyone invests in bonds there bond yields are likely to go down as there is more money to barrow. Also you pay more taxes because corruption.
Actually, yes. I’d argue that if you invest in bond you fundamentally undermine some of the worst aspects of capitalism. By definition bonds are still a sort of capital; however, a lot of the short-term-ism is motivated by stock speculation, so I’d argue they’re significantly better from a moral perspective. High Yield bonds make quite a lot of money and while they’re “riskier” than normal bonds they’re far safer than any stock.
It’s also worth noting that bonds aren’t as popular as stocks because when you recommend bonds to other people you’re sorta in a worse investment position. Sure the bond value goes up when they buy, but the money in bonds is from the dividends not the bond itself, so if you invest in bonds and tell other people to invest in bonds it becomes harder to buy more bonds when it comes time for re-investment. Moreover, if everyone invests in bonds there bond yields are likely to go down as there is more money to barrow. Also you pay more taxes because corruption.