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Subject:  Re: How and When to Reduce Risk as Retirement Ne Date:  5/17/2021  9:41 PM
Author:  AdrianC Number:  102810 of 105976

“ Back in '08/'09 crash, all assets (stocks/bonds/commodities) had a correlation of near 1 and EVERYTHING went down.”

SPY drawdown was 48%.
BND drawdown was 4%.

That’s the value of bonds.
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