Length matching: do you have to match your bonds to your time horizon? [Members]

The customary recommendation for passive traders is to match the duration of your bond holdings to your funding time horizon. Smart sufficient – however, like many an oft-repeated heuristic, this period matching technique has been boiled down from a wealthy broth of nourishing steerage into a skinny soup that quantities to empty energy for most individuals.

So let’s take a recent take a look at period matching’s vitamin label and discover out: