I think bonds are not a good choice and prefer the Buffet 90 10 concept: 90% stocks, 10% short term treasuries. I do invest 10% in value as part of my stock portfolio, so this can be viewed as a bond proxy.. Why? I believe the bond/stock markets have been fundamentally changed by the Fed' change. Since the mid 80s, Greenspan and the fed have used policy to protect the stock market, at the expense of the bond market. The Greenspan "Fed Put" was a market term for the Federal Reserve poli
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