Stock market is overvalued Buy a 10 year risk free asset and wait for a major correction to hit the stock market. Bonds will never lose in a recession.
You'll be up an easy 10-15% in 12 months or so and then you can sell these bonds when it appreciates and go long on equities at better prices. A double win.
Buy and hold is dead right now.
I'm thinking out loud. Does that sound about right?