Although the returns aren’t bitcoin-like, the good old stock market is up 19 percent this year, with the S&P 500 closing at fresh all-time highs almost daily. And despite sky-high valuations, many pundits believe there is room to go higher.
One of the most common arguments stock investors use is that “there is a lot of cash on the sidelines” that doesn’t yield anything and could be more gainfully invested in the stock market.
