It has been a slow year for returns but that was expected given strong prior years, plus the fact that we are in S&P 500 mal investment territory.
Id say we are still in S&P 500 mal investment territory due to the elevated historical P/E ratios.
Mal investment is where in an environment of heavy interference (government) money chases after things that aren’t good investments (they dont bring in real value).
For a few years now - I have not put any new money into investments. Money goes to living life to the fullest.
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