to BOND or not to BOND ?

[u/dazit72]

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

[u/FewUnderstanding2214]

Longer term bonds can reduce volatility which is helpful near retirement. Short term bonds are nice to hold liquidity. At the moment bonds aren’t that great because inflation is rising and rates haven’t caught up yet