Key insights
- An individual investor expresses skepticism about current equity valuations, particularly the S&P 500 above 5000, citing perceived market manipulation. They've shifted assets into bonds and CLOs, seeking a relatively safe 4-5% annual return. This reflects a cautious sentiment and preference for fixed income over equities, potentially indicating broader concerns about market overvaluation, but the impact is limited due to the small scale.
For instance, you have an annual annuity that covers your yearly nut and leaves you with anywhere from a 10 to 30 grand remainder after job income is added.
Right now all those remainders for me have been put in CLO’s and Bonds (thinking of it as my rainy day, let’s go to Vegas fund, or my wife needs a new car fund, basically anything that isn’t considered normal living).
I’m not in a hurry to dump everything back into a broad market EFT right now. Luckily, I saved myself a lot of money selling almost everything when the S&P went above 5000 and the market manipulation really started to show its head with our wonderful president. I just put it into bonds and clos .
I don’t have any kids to save for or worry about inheritance for them. Retirement as well luckily don’t need to worry too much, everything is paid off and I have no debt. Just looking for suggestions on how to grow my hookers and blow account. I like the idea of a safe 4 or 5% yearly without much risk, but obviously I would like to grow a little bit faster.