If you go to any financial institution for consultation, a Finan

wealth advisor would tell you to diversify your investments, in particular, when you approach to your retirement life or post-retirement. Bonds are not necessarily safer than stocks, it depends. For instance, junk bonds are risky while municipal bonds, treasury bonds are deemed safe and secure. It's up to your risk tolerance and the capitals you can invest. A general thumb of rule, no risks, no rewards. If you are aiming for capital growth and can take the volality of aggressive investments, assets allocation by age might not be a must. Both stock and bond markets can be risky. hedging is the key. Balancing your portofilio is one of the protections.