: Professional management; liquidity to sell at any time during market hours.
: Best for smaller initial investments and instant diversification. how to buy investment grade bonds
: Best for predictable income and principal preservation if held to maturity. : Professional management; liquidity to sell at any
: Requires higher initial capital ($1,000+ face value per bond) and manual management. : Professional management
: Annual management fees; no fixed maturity date, so value fluctuates with interest rates. 2. Open an Account
: No ongoing management fees; returns par value at maturity.