Pre-Corona: 96% stock etfs, 4% bond etfs
From June 1st: 60% stock etfs, 40% blv (vanguard long term bond etf)
Holding 96% stocks is appropriate for someone decades from retirement, while 60% stocks is more suited to someone near/in retirement. Just curious - what triggered this change on June 1st?
If you're scared of stock volatility, Vanguard Long-Term Bond ETF (BLV) probably won't help. Morningstar's website has a "Risk" tab for each ETF, where it shows the "standard deviation", or how much that ETF typically gains and loses. Here's what I see:
VTI (total stock) +/- 17.7% std dev
BLV (long bond) +/- 9.0% std dev
BND (tot bond) +/- 3.3% std dev
Why pick the more volatile BLV, unless... are you trying to "chase performance" by picking the ETF that gained +20% in one year instead of the one that gained +9%?