If you don't need your money for quite a while, I wouldn't invest in bonds.
Look at the historical returns. Large cap equities are at around 10% since WW2, and bonds are maybe 6% or lower, IIRC.
I know I sound like a broken record, but buy an S&P index fund and sleep well.
hmm. i still think it's more complicated than that. i mean, these fund managers aren't always holding to maturity are they? and even if they are, if you're in the bond fund for a short to moderate time frame, you can't expect the fund price to appreciate at the same rate as the returns of the bonds in the fund.
but, i'll take your advice to continue ignoring bonds. at least for now. that's easier for me anyways.
not just going to dump everything in a domestic index though. too boring. stock/sector picking is fun to me.