[RoosterRedux]

Bonds are never a good long term investment for retail investors. They don't pay enough and, if the economy collapses, bonds still suffer defaults. Bonds are best for big institutions that need to have a predictable and rate-able cash flow from bond maturities timed to match their actuarial cash needs (i.e., insurance outflows, pension payouts, etc.).

Furthermore, if Joe significantly increases government spending, that is inflationary...and that means higher interest rates and lower bonds prices.

Just me, but I believe technology is the best hedge against the coming political uncertainly. Consider QQQ.

[Justa]

“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.