- 7 Reasons why bond ladders are bad for investors
- POSTED 01.31.11
When interest rates rise, or are expected to, stockbrokers urge conservative investors to buy individual bonds. They appear to be safer than bond mutual funds. Just this week, I caught the following headline in an investment publication: “Individual bonds can help protect income.”
That’s 100 percent wrong. Individual bonds deprive you of extra income when interest [...]