I disagree about bonds or bond funds in an IRA (Traditional IRA at least). With original IRA, you defer all taxes until you pull out money. The old rule was things that might have large cap gains ... stocks, maybe zero-coupon bonds. Recent years, with the Roth and the maximum long-term capital gains rate of 15%, have probably diminished the allure of the "Traditional" IRA. It did make figuring your taxes pretty easy....no need to keep track of those silly buy and sell prices! Many people think that bonds or (espcially) bond funds are a loser's game, especially as a long term investment.
-- Pedorrero, parrot of printed pontiifcations
I've got nothing against an honest day's work, provided that someone else does it.