Another advantage is that you can invest small amounts, which is difficult to do with individual corporate bonds. (moneysense.ca)
An alternative to investing in individual corporate bonds is to invest in a professionally managed bond fund or an index - pegged fund, which is a passive fund tied to the average price of a «basket» of bonds. (investopedia.com)
I'll be able to buy individual corporate bonds in our new Schwab IRAs, but for some reason the Schwab bond search screen allows Moody's credit ratings only as low as Baa3 while E * Trade let me search for bonds with a Moody's credit rating as low as C. (mymoneycounselor.com)