Why do people recommend bonds as part of long-term investment portfolios if they have a lower rate of return?

I get that bonds are a safer investment, but if I'm not going to be withdrawing anything from the account for nearly 30 years. Until I get closer to retirement, do I really care that my portfolio will have big swings up and down if overall I'm growing faster?

What am I missing?

Submitted November 29, 2023 at 01:41AM by rivitingone https://ift.tt/GHlWbtw