On Sun, 18 Apr 2021 22:40:38 -0500, Jim Joyce
wrote:

Bond strategies tend to be focused on 'preservation of principal' rather
than 'growth', although there are certain tax strategies that can come into
play. Tax-free dividends, for example, can sometimes be used to your
advantage. In the big picture, bonds can sometimes be used as a hedge
against stock market declines. Just as with stocks, the safer approach with
bonds is probably to just buy into a bond fund that agrees with your goals,
rather than picking specific bonds to hold.

We agree on that I am in a bond fund.