When purchasing a bond at a high interest rate, I can’t wait for the day to sell the bond when interest rates crash. The great thing about this strategy is while you are waiting for the interest rates to significantly decrease, you’re collecting the coupon payments for owning the bond (which are high rates). By purchasing a long-term bond, you allow yourself enough time to experience the interest rate drop. When it happens, you get paid a great premium for owning the bond, and then you’ll have cash in hand to purchase really cheap and valuable stocks.
