PLEASE READ THIS: If your portfolio is denominated in fiat currency, please make sure you don’t own any bonds if you desire to have more money on a real basis when the bonds mature, not less.  FWIW, we’ve been saying the bond market is broken (because the “schoolyard bully” destroyed it) since late 2021. $TLT is still down ~50% since then. We are sorry for your likely unrecoverable losses if your portfolio has been victimized by an asset-gathering buy-and-hold “investment” strategy like 60/40. Reminder: static pie-chart asset allocations that do not incorporate prospective market risk are NOT an investment strategy. At best they are a simple-to-understand sales pitch that is designed to siphon funds from your retirement account to the bank accounts of people running wealth management platforms.  Proper* diversification in the current structural macro regime must feature gold and Bitcoin instead of bonds. You can actually reduce drawdown and correlation risk relative to a standard 60/40 stock-bond portfolio with trend-following. Bills and short-term floating-rate notes suffice during the transitory periods in which you must raise cash.  The combination of being in the right assets at the right times creates a positively skewed return distribution. This allows investors to compound returns from a higher net asset value, which speeds up their wealth accumulation and increases their overall quality of wealth relative to buy-and-hold strategies at every interval t. Details here: 42macro.com/kiss-model-portf….  Best of luck! —Skipper  P.S. For that inevitable time when you realize that relying on luck is not an acceptable choice for your family’s financial well-being: 42macro.com/testimonials.