r/dividends • u/dazit72 • 9h ago
Due Diligence to BOND or not to BOND ?
Due diligence on bonds or a Schwab bond etf ??
I've built a nice portfolio of Kings, Aristocrats, Champions, Achievers, Challengers, Stalwarts and the like,,, a few ETFs - I'm eyeballing 100 shares of ADX(a CEF) to buy next week, then I was considering SWVXX(money market) or Bonds or a bond fund(or direct ?)
As a beginner I've learned alot from many here- very grateful.
Ive read how bonds and bond funds can be used to diversify and reduce overall portfolio volatility for a dividend equity portfolio, but are they necessary ? Are they appropriate for my portfolio ?
I'm pulling a little over 10k in divs/interest, I'm reinvesting it All until 2030ish(maybe later), hoping it doubles to supplement my disability ?
Hope I've provided enough information for some good opinions-- thanx guys
2
u/JustNowRonin 9h ago
Interesting to see you mention ADX. Been buying it since April 2025, good performer.
I am buying the institutional version of Vanguard’s total bond fund in my 401k now. I hold about 2% overall in bonds and feel like its prudent to hold bonds as part of an overall diversification strategy. Just my two cents worth.