A topic of current interest: Bonds or bond funds?

A topic of current interest: Bonds or bond funds? 2 Laddering refers to building a portfolio of bonds with a range of maturities. The strategy seeks to manage interest rate risk by diversifying cash flows. The ‘principal at maturity’ myth Holding an individual bond to maturity primarily confers an emotional, rather than economic, benefit and tends to be most practical for funding of near-term liabilities with highly … ................
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