By now you've likely figured out that diversification is as important to your investment portfolio as the money that you invest in it. You'll continue to learn more about this as you read about the bond market. Stocks and mutual funds provide investors with a wide variety of options to choose from, and the bond market is no different. Bonds offer yet another means to bring diversity into your investment life. It's important that you understand the different types of bonds and their inherent risks and benefits.