58세, 이제는 채권으로도 분산해야 할까요? 📉

> Given all that is going on it would seem a logical move- yes?

Your asset allocation shouldn't be based on current events. It should be based on your investment goals, needs, downside/risk limits, etc.

What bonds? Bonds ETF behave very differently than individual bonds.

I don't think you should adjust your portfolio in response to news, but it's your money, so do what you think is right.

What I do is keep enough in cash to remain comfortable, and the rest in a stock portfolio. I keep the cash in a retirement account, and if I need money, I sell equities in the taxable account for cash and then use the cash in the retirement account to buy the same amount of equities there. I do this for tax purposes.

Best of luck to you.

Some diversification sure won’t hurt, especially at that age (not saying you’re old or anything 😂) but it’d be a pity if you couldn’t even savour the sweet fruits of your hardwork.

I wouldn’t even bother with treasury bonds. There are plenty of ETFs that are basket of short or medium duration bonds that pay you monthly dividends without the hassle. SHY, SGOV, BOXX(1-3 month but reinvests the dividends back into the fund), WEEK are all good options

My rule for myself (and I'm not saying it's the right rule for everyone) is that I will begin to ramp up bonds 10-12 years before retirement and plan to have enough bonds at retirement to get through 10 years without selling equities in a bear market. That gives me enough ballast to survive most equity drawdowns without having to sell low. Then 10-15 years after retirement, I'll begin to slowly ramp my bond allocations down as sequence-of-returns risk diminishes.

I would not change allocations based on current world events other than pre-determined mechanical rebalancing of my allocations.

IMO, with everything going on I'm less interested in bonds and would rather own things like EDGH, HGER or similar.

That's not to say don't own bonds at all, especially if appropriate (risk, etc) but what's going on in the world (at least for me) doesn't make bonds more appealing. If I was going to own bonds, I'd rather a very flexible, very diversified bond fund than than individual treasury bonds.

When do you want to retire? If that's within the next 5 years I'd diversify a bit. Lower yield, but also lower risk. Look at your goals and make a decision based on that.

Bonds are no panacea. Take a look at the Vanguard Total Bond Fund (BND). It's down from around $87 to $74 over the last 5 years. However, it pays a 4.3% dividend yield so probably closer to break even over that time given the yield.

If you get in a shorter-term bond fund like SGOV you can still get most of the yield without taking the risk of loss that a longer-term bond fund would expose you to.

If you are 58 you should absolutely move some of your wealth from stocks into bonds. Now how much is up to you. I've never been a fan of 100% equities. Even the youngest individuals should have some allocation to Gold & US Treasuries. Especially when 50% of the S&P 500 is concentrated into 7 Big Tech names. You should remember Dot Com?

I would move 10% now and DCA into US Treasuries and buy any dip into Gold. Now are your stock positions 100% US equities? A global stock fund like $VTI is much more diverse than $SPY. We are coming off nearly 20 years where US stocks have outperformed global stocks. That is an almost unprecedented outperformance historically.

Given the volatlity of bonds right now (at least government ones), I would move slowly and just shift some stocks to bonds every month or year as you sell winners or rebalance. Corporate might be safer and higher yielding right now. Treasuries might be volatile due to EU countries sellin them now. But having some bonds is a good idea as you get old, maybe also look at AGG, BND, LQD, and other bond etfs or CEFs.