Market strategists note that investing in bond funds is gaining traction among institutional players, particularly in investment-grade debt, as equity P/E ratios stay elevated versus historical medians. A balanced approach is key: mix higher-return equities with safer assets like bonds. A common guideline is subtracting your age from 110 to determine your equity allocation. For example, at 66, you might invest 44% in stocks and 56% in bonds. Editorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation. 2024 muni bond supply is projected to decline 5%, increasing appeal for retail holders investing in bond funds with tax-exempt income potential.