I have never been a fan of bond funds. Unlike a direct investment in an individual bond that you can hold to maturity and be assured you will get your principal back (assuming no default), a fund has no finite maturity date and most funds are actively traded.
Suze OrmanRelated topics
hold principal fundsRelated quotes
Unlike some, I don't claim to hold the mystic key to the future. But judging from past events, it seems to me that those who want to prophesy the imminent end of America's unique global role have a harder case to make than those who think we will limp on for a while, making a mess of things as usual.
Walter Russell Mead
[T]he intelligence and ability of a colored person are in pretty direct proportion to the amount of white blood he has, and ... most of the positions of leadership, influence, and prominence in the Negro race are held not by real Negroes but by Mulattoes, many of whom have very little Negro blood.
Madison Grant