Boring, vanilla, and without sex appeal, bonds are an important weapon in your personal investment arsenal. Bonds come in many forms with the most basic representing a loan from the investor to an issuer in exchange for a stream of payments and repayment of the loan. Bonds offer inflation protection and help diversity a portfolio, particularly if you are seeking income over a fixed period. As experienced bond investors know, the variety of bonds, including issuers and denominations, is vast.

The updated Moneysmartz Bonds category offers primers, market news, rates, and insight to help you understand bonds and incorporate them into your personal investment strategy. For a thorough introduction to bonds, visit the Investopedia Bond Basics Editor Best Bet. The SmartMoney and Motley Fool Editor Best Bets link to bond investing tools and strategies. Finally, TreasuryDirect, another Editor Best Bet, offers information and a way to buy bonds directly from the U.S. Treasury

While not flashy, bonds can play a substantial role in your investment portfolio.