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Investing - Theory, News & General • Can you do better than BND, Part 2: Test across bear and bull markets

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McQ this is a great article!

I run a 3 fund portfolio (80% stocks/ 20% bonds) 60/20 domestic/intl stocks split and my bond portion is in the intermediate treasury fund. It occured to me a decade ago that ballast meant safety and I want all my risk on the stocks side with no surprises on the safety/ballast side.
Do you feel using an IT fund instead of bnd in an 80-20 portfolio significantly impacts your risk?
Impacts it how? As in greater risk?? no, just the opposite. the roller coaster ride that BND can have is not what I want for the ballast portion of the portfolio. I also just do not want corporate or reit swaps or anything else in there. My risk is in the us and international stock index funds.

I may switch to ST treasuries or likely just a TIPS ladder once I hit my 60s.
looking at McQ's graphs, what's the difference in standard deviation for Bnd vs IT for an 80-20 portfolio?
Easier for me to answer, since I can float my mouse over the charts and see values.

Bear case SD: IT blend 13.8%, BND blend 14.2%
Bull case: IT blend 12.9%, BND 13.2%

In general, as noted above, if stocks dominate the blend, as in 80:20, the difference between the different bond blends reduces to small male rodent generative organs.

It's when the stock proportion drops below 40% that the differences begin to loom larger. Left side of the performance lines, to put it simply.

Statistics: Posted by McQ — Thu Mar 28, 2024 10:49 pm — Replies 43 — Views 4751



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