1. Evidence suggests that the average annual return from stocks over the next 10 years will be very low, prompting an investor shift from buy-and-hold to market timing. 2. Graphs show a high correlation between the Shiller CAPE PE ratio and 10 year market returns; the current ratio of 38 suggests a near-zero price gain in the S&P by 2035. 3. A mixed strategy of 35% buy-and-hold and 35% market timing is proposed, focusing on outperforming stocks and sentiment-based timing.
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