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Buy and hold fixed income for some 18-24 months hoping to deploy in equity and more attractive bonds once markets corrects. Having said that have been waiting for s&p to come down since it was at 2000....
Idea is stay diversified across asset classes and keep an eye out for opportunities
Definitely not fixed income. It's the wrong time in the cycle for that and the yields are not worth the risk. Would put some of it in ACWI and leave some dry powder for opportunities.
2 words - levered ETFs
Not a bad time to buy physical assets such as silver, gold, Platinum and palladium... Also get some long commodity exposure (maybe through Bloomberg AW futures, very slow moving)... Also have some stocks that you like in your portfolio but hedged with puts or short calls, based on some me momentum, value, etc strategy, real estate (if you can find a good deal, few cities are good in my opinion right now) and some currency exposure.. I am looking at short dollar medium to long term but probably bullish in near term