To the extent I can, I am
eliminating traditional bonds from the portfolios of most of my clients and replacing them with non-correlated (or at least minimally - correlated) alternative investments.
Avoid the hassles of emergency repair calls, non-paying tenants, or other things that interrupt your every day life — consider multifamily real estate investments, which have the profit margins necessary to hire property managers and other professionals to
eliminate your direct involvement — but still provide gains comparable to
traditional investments like stocks,
bonds, and mutual funds.