re: Getting Fidgety with My Index Funds

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I was also considering reducing my bond exposure under the idea that raising interest rates would likely cause a bond bear market.

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Vanguard's bond expert said something to the effect that as long as you plan to hold for a duration longer than the average maturity of your bonds, then interest rate related bear/bull markets are irrelevant to you: in the end it works out nearly the same due to the higher yield the bonds will garner.