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jacquelinajohns wrote: Anyone able to help me with the pros and cons of bond funds/vs individual bonds - gov or corp? I am in a dilema searching for retirement income and the best way to draw for my living expenses. Also a good source for finding individual bonds. Thanks

I had a bad experience with bond funds. Bought a GNMA fund back in the late 60's early 70's. No risky stocks for me! Well, everything was going according to plan when interest rates shot up. I lost all my "profits", and ate into my original investment before I finally bailed. Moral: when interest rates go up, your bond fund will go down... Can you predict where interest rates will be a year from now????

Individual bonds at least keep their original redemption value.

My $.02

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