Chapter 5. Bond Mutual Funds—Where the Best Places Are for Your One-Stop Shopping

You might like the idea of bonds—an investment with predictable returns that are likely to exceed inflation with low risk. But you might be overwhelmed by the hundreds of different individual bonds available to you, or you might not have a broker you trust, or you might not have enough money to buy a diversified portfolio of individual bonds. Don’t despair—bond mutual funds can come to your rescue. By investing in a low-cost bond index fund recommended in this chapter, you can outperform the majority of bond investors. This chapter provides a small number of other recommendations for you as well. But even if you want to expand your horizons and seek out bond mutual ...

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