{"product":{"product_id":"0985800402","title":"Why Bother With Bonds: A Guide To Build All-Weather Portfolio Including CDs, Bonds, and Bond Funds--Even During Low Interest Rates (How To Achieve Financial Independence)","price":"10.95","image_url":"https://m.media-amazon.com/images/I/41bolTyS6LL._SL500_.jpg","url":"https://www.amazon.com/dp/0985800402"},"comments":[{"body":"[Why Bother With Bonds: A Guide To Build All-Weather Portfolio Including CDs, Bonds, and Bond Funds--Even During Low Interest Rates](https://www.amazon.com/Why-Bother-Bonds-All-Weather-Independence/dp/0985800402/)","subreddit_name":"Bogleheads","author":"Kashmir79"},{"body":"No I don’t, and truthfully it’s very not long before it’s over my head and making my eyes cross. Bill Bernstein once quipped (paraphrasing): if you want an analyst for the stock market you should consult a historian, but for bonds you need a rocket scientist. It’s a lot of math and curves and counterintuitive price movements.\r\n\r\nWhenever I’m looking for a book on something I check out this list: [He Has Read Over 250 Investing Books. He Recommends These Three Funds.](https://www.physicianonfire.com/read-250-investing-books-recommends-three-funds/). So I see *[Why Bother With Bonds](https://www.amazon.com/Why-Bother-Bonds-All-Weather-Independence/dp/0985800402/)* by Rick Van Ness which is probably a decent place to start.","subreddit_name":"Bogleheads","author":"Kashmir79"},{"body":"You can read this or get what you can for free on his website: [https://www.amazon.com/Why-Bother-Bonds-All-Weather-Independence/dp/0985800402](https://www.amazon.com/Why-Bother-Bonds-All-Weather-Independence/dp/0985800402)\r\n\r\nIn short bonds reduce volatility at the expense of some gains some of the time. From what I understand, 80-20 is a sweet spot as stated earlier.","subreddit_name":"Bogleheads","author":"PineappleUSDCake"}]}