Bond ladders can be rickety at occasions. But they may well offer security versus unstable interest fees and give ways to capture better yields as they hit the marketplace.
The notion is uncomplicated: Assemble a portfolio of unique bonds or cash that experienced at standard intervals and reinvest the principal in a new more time-term holding when the nearest-time period bond matures.
Bond ladders can be rickety at occasions. But they may well offer security versus unstable interest fees and give ways to capture better yields as they hit the marketplace.
The notion is uncomplicated: Assemble a portfolio of unique bonds or cash that experienced at standard intervals and reinvest the principal in a new more time-term holding when the nearest-time period bond matures.
