Robert Fragasso quoted in the Pittsburgh Post Gazette.
“Bonds have always appealed to conservative investors looking for a safe place to park some money while still receiving a steady and predictable return.
Yet a growing number of investors are steering away from buying individual bonds due to the research required and the high cost of diversifying a portfolio. Instead, they are putting their money in bond exchange traded funds, which invest in many bonds.
Some financial advisers believe that might be a riskier move.”