Balancing Bonds and Stocks in Investment Strategies

The chapter explores the strategic balance between bonds and stocks, emphasizing diversification and disciplined rebalancing. It discusses the current potential upside in both asset classes, as well as considerations for bond investments such as types of bonds, ETF usage, and individual bonds versus bond funds. Additionally, it addresses owning bonds overseas, the sustainability of US federal debt, and the importance of managing debt growth relative to the economy.