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URL:  http://boards.fool.com/building-a-bond-ladder-20460566.aspx

Subject:  Building a Bond Ladder Date:  3/9/2004  4:00 PM
Author:  TMFTwitty Number:  9595 of 35909

http://www.fool.com/News/mft/2004/mft04030919.htm?ref=btp

Building a Bond Ladder

By Dave Braze
March 9, 2004

A bond ladder is a catchall phrase for a strategy to manage fixed-income (or interest-paying) investments. The term "fixed income" means the security will pay a set rate of interest, established when the instrument was first sold,