Some folks try to outsmart inflation and get income at the same time by buying corporate bonds outright. The idea is fine if you need monthly income but wrong in all other respects.
Even if you “ladder” maturities, buy increasing maturities in a pattern of increasing years-to-maturity, you will need quite a number of bonds to get needed diversification.
All this is impractical. Instead, buy a low-cost bond fund with the duration number you need. You’ll get lowest cost of bonds due to low management cost and inflation protection. ( See the Earl J Weinreb NewsHole® comments.)
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