Stocks or bonds?

Choose. A bond that perpetually pays 1%, or a stock that yields 12% and has the possibilty of capital appreciation.

Given no extra information about both, I guess it's almost impossible to decide. There really isn't much of a choice, just an investment made on gut feelings, or what I'd call a gamble.

A possibility of appreciation also means a possible crash in value and eventual liquidation. You gain sone, you lost more than you invest. And recovery is never easy.

Maybe it's true that you just should not put a future at stake just for a (statistically proven) short span of happiness. I need just a little bit more time to totally digest the fact that I cannot put a friendship on the line. Not this at least.

Afterall, if the market eventually goes well, the indefinite bonds can be sold to buy a sure-win stock.