ETF Bond Type: Total Bond Market
ETFs, or exchange traded funds, are a type of investment that allows you to diversify your portfolio without having to purchase individual stocks or bonds. ETFs are traded on stock exchanges and can be bought and sold like any other stock. Total Bond Market ETFs track a broad index of bonds, providing exposure to the entire bond market. This can be an advantageous investment for someone who wants to diversify their portfolio but doesn't want the hassle of purchasing individual bonds. In addition, ETFs often have lower expenses than traditional mutual funds, making them a more cost-effective option. Although ETFs offer many benefits, they also come with some risks. For example, ETFs can be subject to market volatility and fluctuate in value. As with any investment, it's important to do your research before investing in ETFs.