What kind of income is a bond?

[Stockfocus]

A bond offers fixed income to its investors because they receive regular interest payments until maturity. It's usually paid semi-annually or annually. After the maturity period, the investor gets back the principal. This is exactly what makes bonds a predictable income generating investment.

[TheSmartInvestor]

Bonds are praised for their steady, reliable income opportunity. They are attractive to those who love stability like the retirees. It's not subjected to the risk of extreme market conditions. Bonds are good for conservative investors

[Tunde]

Bonds help investors to balance risks. Bonds will also be good for portfolio diversification, providing safety net on sell-offs or worst-case, but it's slow when stocks perform excellently.