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Hello 1937Fool,

I was born in 1937, and presume this is your birthdate too. And, I retired several years ago.

Individual bonds are more difficult to understand and to buy than stocks. Corporate bonds can also be more risky than you would think if you buy the wrong ones or fail to diversify. There are also some fairly new inflation indexed government bonds now available. They look interesting to me as a secure way to protect against inflation but have some other drawbacks.

I just bought a book entitled "The Bond Bible". The author is Marilyn Cohen. I've not read it yet, but a quick scan looks promising.

Good luck on retirement.

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