Subject: Re: Bonds
0-ish duration bonds ate not for yield but for preserving principal. Interest is just a bonus.

Exactly.

My thoughts struggle with this all the time. These bond ETFs pay about the same interest as a good bank savings account or CD. Unusual, as most banks pay much less. Much much less.

So what are you gonna do? To get meaningful interest you have to go with things that have higher risk. But it is stocks that are supposed to be the higher risk portion of your portfolio. So why are you taking risk in the "low-risk" portion?

So over the 10 year period for $10,000 FLRN gets you $86 a year more. I can get more than that by skipping one visit from my house cleaner.