When you’re deciding between cash and bonds, it’s important to weigh the risks of each. Generally, short-term instruments such as a money market are appropriate for short-term needs such as a rainy-day fund while longer-term goals like retirement call for bonds with longer terms to maturity.

Rising yields are great for Bond’s long term returns.

Sudden market downturns can be unsettling. But historically, US equity returns following sharp declines have, on average, been positive.