(08-02-2021, 09:50 AM)ken-do-nim Wrote: Oh; I guess I think of them as pretty safe in the long run. Looking at the S&P 500, 2018 and 2015 were minor blips; 2008 was pretty bad though (-38.49%). I'm curious how some of these "retiree-safe" bond funds did in 2008.It's all good until it happens the year you are retiring. Know anyone that had their 2008-2010 retirement cancelled by the market? I do and I felt really bad for them. How about 2000-2010? 10 years of no port growth is not a blip to me. You ever dump a stock that didn't go up for 90 days? If so, a decade may not be a blip to you either. I would not be retiring next year had I not gotten lucky and missed over half the pain of the GFC. I have a lot of respect for steep corrections due to high valuation. Real Estate that time and not stocks. We never know what the next trigger is. I believe the next one will be related to printing money so that probably isn't it. That's just how it works.
By the way TLT was up 20% the month the 2008 GFC crash happened. So up 58% over SPY. TLT is a good proxy for a safe retiree bond fund. I have no interest now, but TLT has been around forever and a good comparison when you are playing with charts.