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I am inheriting some municipal and corporate bonds. Since I am about 25 years away from retirement I would like to reinvest these bonds in something that provides a better return (what ever that might be.)

Since interest rates are so low, it seems to me that the bonds will sell for the greatest amount now. If interest rates begin to rise, I am thinking that I won't be about to get as much for the bonds. What I have is Toyota Mtr corp, Oregon St. G.O Vets Welfare, Texas A&M Perm Univ Fund, and Univ Texas Prem Univ Fund.

It seems that I should sell the bonds, reinvest, and diversify now.

Is this thinking sound?
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