The market is significantly overpriced now and could become even more overpriced. However, that is sure to reverse someday.
Apple has enough cash to buy Disney and Coca-Cola outright. Apple was recently named the best-managed company. Warren Buffett also has a lot of cash. They are waiting for that inevitable correction.
Goldman Sachs and Bank of America are saying that we will soon look at a 0% to 1% return on our money for a decade or longer. At that point, we will need to live using our cash.
What can we do?
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