Investing in nothing but guaranteed bonds (GICs. Not sure what they’re called in the states) isn’t the worst thing. Yes, generally better off with index funds o

Investing in nothing but guaranteed bonds (GICs. Not sure what they’re called in the states) isn’t the worst thing. Yes, generally better off with index funds over the long term. But if the idea is that they become not just risk averse but risk allergic, it’s still a perfectly fine way to live.