Practical Perspectives: Key financial issues for you and your family – Retirement investor revisits his old friend the bond
Abstract: When Harold, a working professional, started his portfolio, he made sure it was well balanced with a variety of stocks and bonds. But, when the economy swelled some years ago, he moved away from bonds into more aggressive stocks. It was a decision he lived to regret. In talking to his financial advisor, Harold was able to get a better idea of how to integrate bonds back into his portfolio. He learned about the benefits and drawbacks of U.S. government savings bonds, Treasury bills and notes, and state, municipal and corporate bonds.