Targeted Bond ETF's - Pros and Cons
I have been looking at some targeted bond funds recently. Most mature between 2-5 years. The ups are a higher interest rate than I can get on a CD for the same time period, and a fixed end to the fund, unlike a 'normal' bond fund. The cons? Well, if a company goes bust and does not pay its bondholders, obviously that will reduce the yield. Any other significant cons that you can think of?
The worst decisions are usually made in times of anger and impatience.