Fixed income securities generally exhibit lower price volatility compared to equities. However, they are still subject to interest rate risk, credit risk, and other market factors that can affect their value.

Unlike stocks, where the value can fluctuate significantly, fixed income investments provide a higher level of capital preservation and predictability.

These investments have a specified maturity date when the issuer is obligated to return the principal amount (the initial investment) to the investor.

Books I recommend you read in your twenties.