No use keeping money in the bank at current interest rates
Yep. And if retired depending on traditional fixed-income strategies, such as UST bonds, forget that too. TINA (There Is No Alternative) to equities ATM.
Well, maybe some corporate bonds from blue-chippers if they haven't already been driven through the roof.
High-yield "junk" was good at one time, but now are probably approaching too risky.
But even some of the equities have gone too high - some "traditional" safe income plays reaching PEs in the stratosphere!
If an outfit like CPST ever hits its stride, the cap gains might suffice for a while. No telling what the PE would be if they ever manage to get a positive "E" and are still seen as a strong "grower".
Dast we even hope for a dividend? Or a stock buy-back?
LoL! Yeah, right!
Bill