Don’t be cheap when you buy bonds this holiday season (or ever, for that matter). Bargain shoppers, sadly, tend to be the most at-risk of outliving their fixed income portfolios!
But it’s easy for you and me to double up “regular” bond returns simply by swapping out popularity for quality.
Let’s walk through some of the most popular fixed-income plays today – and replace each with something that yields more (with superior price upside to boot).
The obsession with fees is understandable. Most investors are conditioned by their experience with stock-based mutual funds and ETFs to search out the lowest fees, almost to a fault.…