Always ask for a prospectus and read it carefully before you make any investment in a mutual fund. In fact, your home is probably the biggest single investment you'll ever make. Historically, real estate always appreciates in value. How fast depends on the local market. But when you sell your home, you can usually expect to make a profit.
Bonds are debt obligations issued by corporations and governments.
They are for a fixed sum and pay interest. They have a maturity date, the date when the issuer must pay back the loan. Moody rates bonds from Aaa to C, with Aaa being the safest. Government bonds include Treasury Bills, T-Notes and Treasury Bonds, obligations issued by federal government agencies such as Fannie Mae, Ginnie Mae and Sallie Mae, and savings bonds. In addition, state and local municipalities issue tax-free bonds.