7 ms·
100% of anything is a bad idea if you're going to have to draw on them any time soon. Bonds are less volatile than equity, but they're still subject to drops in
by ligne 2mo ago
100% of anything is a bad idea if you're going to have to draw on them any time soon. Bonds are less volatile than equity, but they're still subject to drops in value.
- matwood 2mo agoSure, but a mistake I often see is people thinking that people's entire retirement savings is needed on the first day of retirement. People can and should still be invested in equities even in retirement, it's just the percentage is less depending on age and burn rate.
- mhh__ 2mo agoIndeed, we have just been through arguably the largest (nominal) drawdown in the history of fixed income.