Bond investing in challenging times: Bond funds vs. individual bonds

In this excerpt from a live webcast aired June 10, 2011, Colleen Jaconetti of Vanguard Investment Strategy Group and Chris Alwine of Vanguard Fixed Income Group discuss bond funds and individual bond portfolios. Notes: • All investments are subject to risk. Investments in bonds and bond funds are subject to interest rate, credit, and inflation risk. • Although the income from a municipal bond fund is exempt from federal tax, you may owe taxes on any capital gains realized through the fund's trading or through your own redemption of shares. For some investors, a portion of the fund's income may be subject to state and local taxes, as well as to the federal Alternative Minimum Tax. • Diversification does not protect against a loss in a declining market or ensure a profit. • Past performance is not a guarantee of future results. • The information provided here is for educational purposes only and isn't intended to be construed as legal or tax advice. We recommend that you consult a tax or financial advisor about your individual situation. •Vanguard Marketing Corporation, Distributor.

Comments

1. The guy's entire spiel is such a shill for the company.
2. I like ronv11's comment. Yes, the fund management fees you pay when you invest with Vanguard goes to fund manager's garments, hair & nails, LOL.
3. buy low sell high. how come these people are so well dressed? If i invest with them do they use the money to buy new clothes? and get high priced hair cuts?
4. One of the reasons this video has such as a low readership is the commentators assume the viewership is dumb. The reason most people invest in bond funds is not that we need a team of salaried bond managers to choose the right bond or mix of bonds, it's because we don't have 1 million dollars to buy one individual bond. Also, most professional camera operators don't show what's going on under the table. The fund manager looks so nervous, trying to justify having such a big management team, etc.