Subject: Re: Some Thoughts - Maybe Too Many
What would you suggest instead? We are talking about over $100B.
Well SPY has returned 27% in the last year. Now, before people start saying overvalued etc. It could have been bought 1 year ago and sold today. Was it over valued 1 year ago? The market clearly says no.
So that opportunity was missed. What is the best place for money today? I don't think short term treasuries, but obviously a person with a far better track record than mine thinks short term treasuries are the best place to invest money.
Aussi