Mutual Funds One of the ways of protecting yourself against risk when investing in bonds is to use bond mutual funds. Like stock mutual funds, bond mutual funds offer the advantages of diversification, professional management and convenience. They also allow you to enter the bond market with a small amount of capital. For the past decade the stock market has been extremely strong and many investors have ignored the weaker bond market. The bond market does offer one advantage that the stock market does not.
Many governmental issues are tax-exempt.
That means not only do you earn interest, but you do not pay taxes on the interest you earn. No where is that more true than with investing. Even if you're just starting out, you can profit from a financial planner. Here's what one can do for you. Help You Define Your Goals.