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M*: Bonds Versus Bond Funds: Minnows Versus Sharks

FYI: Brokerage firms like to tell clients they should buy bonds instead of bond funds, but that is rarely a good idea. Investors almost always have an advantage buying a mutual fund's portfolio of bonds rather than buying bonds directly.
Regards,
Ted
https://www.morningstar.com/articles/920928/bonds-versus-bond-funds-minnows-versus-sharks.html
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