[DIRTYSECRET]

I have 24% of my portfolio in bonds. Should it increase to 33%? The SHTF moment is what I’m worried about. I’m 66 and have a million.

[rightwingcrazy]

I’ve read a number of articles about diversified portfolios, including some with historical analysis going through the Great Depression to the present. The idea is that if money leaves one category of investment, it tends to be moved to another.

Typically, they’re divided between equities, gold, bonds, and real estate. A roughly equal distribution gives a very nice return with good stability. Overweighting equities improves long term performance, but with a bumpier ride. I imagine that dollar cost averaging and periodic rebalancing would smoothen things out a bit.

[Psalm 73]

"...bonds. Should it increase to 33%? The SHTF moment is what I’m worried about."

I'm about 25% in bonds - they earn crap, but if the SHTF they won't go to near zero like my stocks.

Only the people who don't have to worry about stuff like this would know the answer.

I'm 63 and may be getting forced to retire due to vax mandates - may be a blessing in disguise as I'm only living in this nasty Blue state because they pay me very well.

(I'm not your run-of-the-mill whore - I'm a high-class prostitute...)

[rb22982]

If you do, make sure its shorter duration bonds. Give up a small amount of yield (1%) but far less risk of losing a ton in bonds in a very elevated inflationary environment than long and intermediate bonds. Personally, I’d rather get 0.6% in a HY online savings account with 100% flexibility than 1.5% and potentially have my bond fund drop 50%+ in principal if interest rates rise significantly, especially if equities to drop - could be a good entry point for deployment.

[SaxxonWoods]

“I have 24% of my portfolio in bonds. Should it increase to 33%?”

I’ve been using preferred stocks and ETFs instead of bonds for years now. Better yields even after taxes. I get 4-7% dividends.

[SaxxonWoods]

I’ve also have a Franklin Templeton Treasury Bond Fund for years, yields 3%. But there’s a fat upfront load to get in.

[Oatka]

I have 24% of my portfolio in bonds.
You do realize that your investment returns 1.5% in a 10% inflationary environment?

I’m 66 and have a million.
Not for long, at that rate. If you are using a Financial Advisor, get a new one.

Put a percentage you feel comfortable with into gold and silver. The goal this late in the game is preservation of wealth, not the accumulation.