Implementation Is Important

Knowing the strategies is not enough to outperform. You must make your purchases at the right price. Bonds are purchased and sold in an over-the-counter market system. This is in comparison to equities which are purchased and sold in a listed market system. Thus, while you can purchase stocks at the same levels as market professionals because stocks are listed, you are at a significant disadvantage when it comes to purchasing bonds in the over-the-counter market. Accordingly, the best way to purchase bonds is through a mutual fund or through a professional investment manager.