"My advice to you with regard to trying to break into the bond game at this point in the credit and interest-rate cycle?

You’d be wasting your time. Stick with the game you’re already got going for yourself at which you’re already making decent enough money. Right now, bond risks are horrendous, and their pricing is adverse."

I agree with you completely. I am trying to educate myself on fixed income so that I have the skills available when the time comes to be able to identify and seize opportunities. I also feel being a better bond investor makes me a better stock investor, and vice versa.

I am reading the following great books:

Fixed Income Analysis

http://www.amazon.com/Income-Analysis-Institute-Investment-S...

(spectacular)

and

The Outsiders

http://www.amazon.com/gp/product/1422162672/ref=s9_simh_gw_p...

(highly recommended and I believe it could very well go down as one of the most influential books ever written on investing)