What's the point of bond funds for younger investors?

clock • 4 min read

When I first started out in financial services in 2013, if I had to explain to people what I did for a living they’d either back off and walk away, or say 'oh, my uncle’s an accountant too'.

However, these days I have weirdly found myself as a dorky, centre of attention. I often get asked about crypto (typically how people can make lots of money quickly), but the majority of people are looking to find the next Amazon, Netflix, or Tesla. Why? Because, during my time in the industry, there has only been one real game in town - high-growth equities.  In fact, had I bought one of the growth equity stalwarts like Baillie Gifford American when I started, a token £100 investment (everything I could spare as a self-funded Masters student) would have made me a pretty decent return. ...

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