That's a legitimate question, given the strong performance of stock funds during the last several years. But lately, investors are showing renewed interest in fixed income securities.
Experts agree that for many people, bonds make a lot of sense.
For one thing, they help people reach their investment goals without taking on the risk of an all-stock portfolio. Also, as the economy slows down, the threat of rising interest rates and inflation lessens. If the Fed is finished raising rates, that should mean smoother sailing for bond investors. If the economy weakens, the Fed might even lower rates, which would give bonds a boost while hurting stocks, due to the resulting lower corporate earnings. But that doesn't mean all funds are created equal.