Government backed bonds based on currency printed up by the federal reserve don’t seem like a great investment plan right now unless the yields go higher. In addition the yields mean nothing if real inflation (not the CPI bs numbers that they feed us) is higher than the yield. You are still going backwards
The other issue that investors don’t see is taxation. RRSPs (Canada) are tax deductible when you buy them, but tax payable when you redeem them. The government has this all figured out so that when you cash in your investments they can tax you on them and deduct some of the money from your government pension.
If I had to do it over again I would have bought collectibles (sports cards, ertyl toys, hot wheels , comic books) when I was younger. Also maybe some gold and silver coins. If you keep these in their original package I don’t see this as being riskier than the stock market. The greatest benefit of these kinds of assets is they are out of the monetary system. You can sell them for cash and that money is yours. All of it.