@DerMartin High interest phase = securing high interest rates.
The stock market certainly cannot pay me these high interest rates. The risk of a correction is too great.
Low interest rate phase = bond yields will fall and prices will rise. Then I can either continue to receive the high interest rates or realize profits (prices will rise) and reinvest in real estate, for example.
Now I save and build up cash and secure the high interest rates.
For me, all other financial markets such as real estate/shares/gold etc. are too overheated and are at their ATH.
