A while back in an econ class, the prof showed us that having a little bit of bonds gave you basically the same return as no bonds, but with much lower volatility. I think it was in the CAPM lecture, but I don't remember the details.
Having said that I am 100% stocks in my IRAs.
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There is no class so pitiably wretched as that which possesses money and nothing else. -Andrew Carnegie
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