“Bonds are never a good long term investment for retail investors. “
Agree. But if stocks are due for a beating it’s good to park assets in bonds and buy back in when they’re depressed.
I purchased IGV 18 months ago rather than QQQ. Still have it.
The problem with moving into bonds when you think stocks are going to take a beating is that you have to be right when it comes to timing. Most investors aren't.
I've been investing successfully for over 40 years and know that when markets take a dive, they recovery pretty quickly. Ergo, I ride out the storms.
In fact, I don't just ride out the storms, I usually buy calls when the market takes a what one would call an "irrational" or "hysterical" dive. Almost always make money with that strategy.