Uncklemick,
You're doing the right thing. My point is that some people base their investment decisions (and political preferences) on things that happened a long time ago, which very few people understood at the time and many still don't understand today.
For example, it is simplistic to assume that stocks are "too risky" because of what happened to them in the Great Depression, or that long term bonds are "too risky" because of their poor performance in the 1970s. Or that all Republicans are a threat to the economy because Herbert Hoover did not understand how to avoid the Depression. Back then, people understood monetary economics about as well as they understood jet propulsion, and a lot has been learned about both since then. Fortunately, Alan Greenspan, for one, understands it, and has achieved widespread bipartisan political support for his policies.
Bonds just have just experienced a period of high returns that coincided with the decline of the stock market and low inflation. Asset values tend to go through cycles, and the prospects for long term bonds aren't very good right now. But there are still ways to maintain some exposure to bonds without incurring big losses if inflation heats up, namely, by owning TIPs and high yield bonds having terms less than 10 years or so.