Are bonds a part of your investment strategy right now? If not, this isn’t a huge deal if you’re in your 20s or even your 30s.

When people are on the younger side, most experts will actually recommend that they steer clear of investing in bonds. But as you begin to get up there in age, you should start to transition into investing more and more money in bonds.

We’ve created a brief investment guide to show you some of the different types of bonds that will be available when the time comes. Learn about them below.

U.S. Treasury Bonds

The U.S. Treasury routinely auctions off what are called U.S. Treasury bonds to help fund different aspects of the federal government. These bonds are usually snatched up fast and sold on the secondary market.

People love these kinds of bonds because they’re very safe since they’re backed by the U.S. government. But it’s worth noting that, because of this, they tend to offer the lowest returns. They also tend to be long-term, fixed-rate bonds that don’t reach their maturity date for years.

Of all the types of bonds in this investment guide, U.S. Treasury bonds might be the safest bet. But they’re not going to get you rich quick, to say the least.

Savings Bonds

U.S. Treasury bonds aren’t the only types of bonds that are issued by the U.S. Treasury Department. They also issue savings bonds that are designed for individual investors.

Much like U.S. Treasury bonds, they’re very safe investments since they have the backing of the U.S. government. They’re also not going to yield the highest returns.

But savings bonds are easily accessible since they’re available in lower amounts than many other types of bonds. It makes them perfect for those who want to give bonds to others as gifts.

Municipal Bonds

If you would like to help your own city as opposed to the federal government when buying bonds and adding them to your investment portfolio, then you’ll appreciate what municipal bonds have to offer. They are offered by individual cities and are tax-free.

You should, however, be aware of the fact that municipal bonds come with a little more risk than bonds backed by the U.S. government. There are some cities that have defaulted and failed to pay people back after issuing bonds to them.

Israeli Bonds

If you’re really looking to get adventurous when buying bonds, you might be interested in investing in Israeli bonds. These bonds are backed by the Israeli government, which has proven to be trustworthy when it comes to bonds in the past.

You should get more info on these bonds and see how they work if you’re intrigued by the idea of adding Israeli bonds to your investment portfolio.

Keep This Investment Guide in Mind When Buying Bonds

This investment guide includes just a few of the different types of bonds that you can buy right now. You should give some thought to how much risk you’re willing to take—which should usually be based on your age—and then look into adding some bonds to your portfolio accordingly.

You should also try to add more bonds to your portfolio as you get older. It’ll make it possible for you to keep your portfolio strong for years to come.

Look for more investment advice by reading through the other financial articles found on our blog.