The SPX is looking so attractive for a long term buy and hold.
Current valuation + narrowing spread between 2Y and 30Y yield shouldn't be a concern.
Stonks only go up because we have CB's to back up (without market dependency and moral hazard) + A.I.
*contains irony
..XJO bought on 20 Feb 2020 just prior to the Covid crash, 4 years later delivered just 7%
..XJO from pre-GFC peak (30 Oct 2007) to pre-Covid crash peak (20 Feb 2020), returns were just 6.1% over 12.3 years!
..know exactly what you're doing buying at what potentially could be a near term peak (+/- 5%). And what Buy and Hold could be like a decade out.
..for most seniors/boomers, 10-12 years is a very long time to wait.
..for Gen X & Ys, that could be money lost or stuck that could easily pay out mortgages
..for Gen Zs , that is money you can afford to lose, just starting out.
