 Here's your chill on money question of the day. Dixie from Minnesota asks, I've always let someone else manage my investments and they've always invested in mutual funds. I thought that was the best way to diversify. Now I have a local company whose strategy is investing in corporate bonds and preferred stocks. Is this a better strategy? Well, Dixie, this depends on what's going on in your life. Of course, this is about asset allocation, so it's dependent on your overall risk tolerance.