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A comment on Reddit's Stock Threads Become a Must-Read on Wall Street. Parent comment
Equities can have periods of not-great performance, which can be offset by holding some bonds (20-30%) to rebalance:
* https://www.forbes.com/sites/investor/2010/12/17/the-lost-de...
Pure returns/yield aren't the only reason to hold a particular financial asset (though it is a good one of course):
https://awealthofcommonsense.com/2020/08/why-would-anyone-ow...
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Equities can have periods of not-great performance, which can be offset by holding some bonds (20-30%) to rebalance:
* https://www.forbes.com/sites/investor/2010/12/17/the-lost-de...
Pure returns/yield aren't the only reason to hold a particular financial asset (though it is a good one of course):
https://awealthofcommonsense.com/2020/08/why-would-anyone-ow...