Virtues Of Do It Yourself Bond Laddering
Bond ladders are frequently criticized in the financial media and even among some professional advisors (who, I would point out, are often able to use only bond mutual funds or ETFs). Earlier this week, we corrected some common misperceptions regarding individually tailored laddered municipal bond portfolios. Today we’ll move on to the many advantages of owning one.
1. They avoid mutual fund expenses.
An important benefit of owning individual bonds is that they avoid the fees investors have to pay a fund manager.
Read the rest of the article on ETF.com.