This advice is dangerous and misguided. If you think rates will rise, don't be long duration. Holding to maturity does not insulate you from interest rate risk-

This advice is dangerous and misguided. If you think rates will rise, don't be long duration. Holding to maturity does not insulate you from interest rate risk--you will certainly make nominal dollars, but in real terms, you will under-perform or even lose. There are reasons to avoid bond funds (management fees, trading costs, tax implications), but this isn't one of them. https://www.northerntrust.com/documents/commentary/investment-commentary/maturity-bond-funds-vs-individual-bonds.pdf https://www.northerntrust.com/documents/commentary/investmen...