We are at the most extreme overbought condition since the tech bubble collapse in the entire U.S. market. You are going to see a move down that will astound you. My advice is resist the urge to buy this because we are entering a treacherous time for long side in this market.
Where do you suggest putting your money? Cash? They'll inflate the value of that faster than the interest you get. Gold? Silver? Most manipulated of all commodities. Real estate might work if you can get a decent loan and can manage it yourself. The thieves that run this country intend to take all you have. Wake Up!
There are some places you can put your $ which haven't doubled(like this) or trade at mulitples like this. Foreign stocks are cheap, Natural Gas stocks and Royalty Trusts are cheap. The sell off in Agency Mortgage REITs like AGNC after they have sold off should be OK for a while.Selling puts on cheap stocks that have not moved up is better than holding most sectors in this very overbought market.