Explain what types of individual investor would be interested in bonds, as opposed to putting their money into stocks or savings accounts.

Can you walk me through the thinking on this question? Wouldn't an investor who is interested in steady income be interested in bonds, such as a retiree? Although with bonds, there isn't capital appreciation. Savings accounts will have a fraction of the rate of interest that bonds have (deposit rates are really low), so bonds are a better way to have money (that you don't want to put into riskier stocks) invested with an better-than-a-savings-account rate of return.

8. Explain what types of individual investor would be interested in bonds, as opposed toputting their money into stocks or savings accounts.