One of the key tenets of investing with an asset allocation model is that bonds and stocks working together will help reduce the volatility of your portfolio.  Recent history has shown that while stocks crashed, bonds soared.

Have you ever read something then paused and said well that’s stating the obvious? Then upon further reflection realize what is obvious to you may not be obvious to others. This happened to me recently as I was scanning some retirement headlines.

Vanguard Group founder Jack Bogle has not changed his tune as a result of the economic downturn. At the ripe age of 80, he is still preaching buying-and-holding domestic stocks and bonds, cheaply, in an asset allocation that’s appropriate for your age.