Originally Posted by
orvil
Bond funds are the worst. If you have to have bonds, purchasing a basket of individual bonds is the best course of action.
Don't be lazy about it. Take the time to educate yourself about investments. Nobody loves your money more than you do. (Except maybe ALPA)
Went to a Fidelity seminar recently and they had their 'bond team' there. They said that most of their bond funds were into short and intermediate term bonds. They are in a position to move quickly, however they don't seem to mind the impending rise in inflation that invariably will be here soon. I don't think bond funds are the worst. They are not great, but, the alternative is putting your money under your mattress.
I agree, DYODD however I have been modestly happy with my bond funds as a part of a balanced portfolio.