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).