Quote:
Originally Posted by Caymus
Have you looked at Target Maturity Bond ETF's?
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Yes. I don't see anything wrong with them, if you want to create a bond ladder for various maturity dates. Personally, I don't like any mutual fund or ETF that is based on a specific target date for cashing out. Most people cannot foresee the future and when they will need to spend their money. But, for bond investing, when interest rates are rising, I would not buy any bonds, funds, or ETFs where the bonds have a maturity date of more than about 8 years or so. Too risky. I have my bond investments in the Vanguard Total Bond Market Index Fund, and the Vanguard Short Term Bond Index Fund. I also have a small percentage in the Vanguard High Yield Bond Fund (junk bonds). No long term bond funds. Vanguard funds have such a low expense ratio, that I don't see an advantage to using ETFs at all.