I don't know. I've been trying to find that out, starting to research the circumstances for bond failure in the past. A few people in Facebook investment groups told me that bonds are crashing and therefore I should stay away. I said if they're crashing, surely that means I'll get a bargain, and I should buy. They disagreed.

Nobody really knows the future, so it's not just regular financial advisors who say diversify, but managers of large hedge funds as well. At the moment, I'm thinking I'll buy stock ETFs over the next few months, then move funds into bond ETFs much more slowly.