S&P 500
Traditional asset classes are fully priced or overpriced. The S&P 500 (SPY) is precarious. Credit is expensive. REITs had a tailwind through September, but have fallen significantly since. Dividend paying large-cap stocks are mostly priced to perfection. Easily replicable faddish gadgets are converging on their intrinsic values.
So what alternatives are there to such grim choices? The first priority is to have plenty of cash to take advantage of future opportunities (20% or so makes sense to me but the right amount varies based on circumstances). Another priority is to find new allocations that are not correlated with equities. Here are three that could survive a market crash.
- Litigation financing You can invest in legal claims on sites such as LexShares. This may be a particularly attractive allocation for investors with legal backgrounds that give them an edge in
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