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No. of Recommendations: 2
One thing I would keep in mind is what you plan to do with the bond fund. If you plan to keep it "forever" and just reap the income, then I would think a fund, especially a broad based index fund, would be just fine. However, if you plan to sell it off before too long or trade it, then you may want to be wary of buying a bond fund when interest rates are at all time lows. You may end up selling at a much lower NAV than you bought.

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