With interest rates as low as they are, I have been wondering about the advantages of holding bonds versus holding bond funds. There are different perspectives that you need to consider especially with regards to when you plan to use the money that you have invested.
I ran across this article today. It does a very good job talking through the difference between owning bonds versus owning a bond fund. For those individuals who are invested in bonds or looking to invest in bonds, it is a good read.