During covid you probably wanted a 70/30 split so you didn't get eaten by inflation, but I think 60/40 is probably a safer bet for the average person right now. I'd consider pulling back to 50/50 over the next 6 months to a year so you can loss harvest and skip the capital gains. I'd also consider moving money you don't expect to need anytime in the next decade into real estate.
I'm not really an investor btw, this is just my intuition. I'm curious what others here are doing.
The indices may be inflated but in this environment, treasury bonds guarantee losses (because of explicit inflationary policy. Just look at the real rate of return.) Besides, a 60/40 allocation has not made sense since the early 80s. Morgan Stanley e.g. advised a 60/20/20 with gold: https://www.reuters.com/markets/wealth/morgan-stanley-cio-fa...
> I'm not really an investor btw, this is just my intuition
Don't give advice when you don't know the subject. For a start, there are more than 2 assets. For some, certain corporate bonds look nice right now. Although indices are overpriced and carry risk due to the bubble, much of the wider market is extremely cheap. Developed and undeveloped foreign markets have also been outperforming the US. And commodities...
I'm not really an investor btw, this is just my intuition. I'm curious what others here are doing.