Not all bond mutual funds are created equal

Joel M. Blau, CFP

Mr. Blau is chief executive officer of MEDIQUS Asset Advisors, Inc., in Chicago. He can be reached at 800-883-8555 or blau@medquis.com.

Q My broker is suggesting that I invest in bonds, specifically bondmutual funds. After reviewing the literature, I'm confused by the differencesamong the mutual fund choices. What are the real differences?