Why might investors choose to buy bonds rather than stocks?

Investors may choose to buy bonds rather than stocks for several reasons, primarily focusing on risk and income stability. Bonds typically offer fixed interest payments, providing a more predictable income stream, while stocks can be more volatile and subject to market fluctuations. Additionally, bonds are generally considered safer than stocks, especially government bonds, making them appealing for risk-averse investors or those looking to preserve capital. In times of economic uncertainty, investors may also favor bonds as a way to hedge against market downturns.