Low interest rates and booming stock markets have caused many to think that bonds have no place in a portfolio. They're probably mistaken.
People know that "bonds go down when interest rates go up" but they're missing the full message. Here are 6 lessons to learn about bonds and interest rates.
Don't make the classic mistake and assume you know which way bonds are going. Instead, listen to my recommendations about implementing a fixed asset allocation strategy for bonds.
What kind of bonds should you invest in? William Bernstein says short term individual treasuries. I mostly agree, but there are other considerations.
The Fed has started raising interest rates, and will almost surely continue to do so. What does that mean for your investments, debts, and lifestyle?
Some well-to-do investors buy individual muni bonds instead of a muni bond fund. This former Vanguard bond trader explains why. He argues that you can get better yields and take advantage of an inefficient marketplace if you're willing to give up liquidity.