Why in the world would you own bonds?

Re:Why in the world would you own bonds? by shanusmagnus on Wednesday March 17, 2021 @11:29AM (#26492579)

I would love to know who really keeps 10 years of expenses in cash on-hand. I bet you could write the list of non-billionaires on a napkin.

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Re:Why in the world would you own bonds? by mikestew on Wednesday March 17, 2021 @02:02PM (#26494770)

You could likely write the list, billionaire or not, on a Post-It(tm). I mean maybe billionaires keep 10 years of billionaire lifestyle in cold hard, but that would seem to be a poor use of such a huge chunk of cash.

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Re:Why in the world would you own bonds? by deanmoriarty on Wednesday March 17, 2021 @08:36PM (#26498539)

I have 10 years in cash/short term bonds, and 40 years of expenses in stocks. It’s basically roughly a 80/20 portfolio, nothing unheard of, especially for retirees (though I’m still working).

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Re:Why in the world would you own bonds? by deanmoriarty on Wednesday March 17, 2021 @08:32PM (#26498519)

I have 10 years in cash/short term bonds, and 40 years of expenses in stocks. It’s basically roughly a 80/20 portfolio, nothing unheard of, especially for retirees (though I’m still working).

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