Worrying about corporate bonds you own, with the specter of inflation? What will happen to the value of the bonds when interest rates go up?
You get that protection in the form of diversified, low-cost bond funds with shorter duration, while reinvesting their income.
I’m referring to duration, which the financial media unfortunately and ignorantly tends to overlook.
Remember: Bond fund holdings ought to be held longer, or at least match the duration of those funds. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)
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