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by ctlby
2858 days ago
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This advice is dangerous and misguided. If you think rates will rise, don't be long duration. Holding to maturity does not insulate you from interest rate risk--you will certainly make nominal dollars, but in real terms, you will under-perform or even lose. There are reasons to avoid bond funds (management fees, trading costs, tax implications), but this isn't one of them. https://www.northerntrust.com/documents/commentary/investmen... |
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