Most individuals who want to own bonds do so through bond funds.
For that reason, many people who own such bonds hold them in tax-deferred retirement accounts.
So not only did the girls own the stocks and bonds but they also got his share of the plant in Petaluma.
Some also owned long-term bonds, which helped their returns until recently.
The Vatican owns stocks and bonds valued at about seven billion dollars.
If both groups owned bonds with the same returns, the funds without the annual fees would have a 0.46 percent advantage.
Am I better off owning stocks and bonds directly?
There is resilience in the bond market because we still have too many people who want to own bonds.
Previously, they were often available only to institutions, while private investors who wanted to own bonds had to do so via funds.
For the individual investors who own such bonds, the alternatives are even less appealing.