<prompt> Human: Bonds are supposed to be low-risk low-yield investments which help reduce the volatility of your portfolio. However, if youre young 20s and dont plan on accessing that money for a long time, is it better to put it on stocks?All the lazy portfolios have large sections dedicated to bonds 30-40 but I was wondering what would be the downside if you put your whole retirement funds on diversified stocks domestic international as well as secure dividend funds REITs Large Cap Dividend Funds.Ive just started maxing out my retirement funds and will have a couple thousands in a year so I wanted to start planning now.Assistant: Bonds are for asset preservation, not capital appreciation.Human: So I guess that goes back to what I said. Is it really for young people?  <response>: It depends on how much the young person has relative to how much they will earn through work for their remaining working career.Lets say they have 2 million at 20 and dont have any career or ability to work ever again. Yes, they definitely should have some bonds to lower the overall volatility of their portfolio.At 25 with 25k in savings and a job making 100k, with more coming in until 65, then no bonds is fine for a long time. 