Although the stock market is trading at all-time highs, it can go higher as investors reallocate money from underperforming bonds and Commercial Real Estate in particular. Many investors specifically prefer allocating much of their portfolio to the S & P 500. Warren Buffett, one of the greatest investors of all time, instructed a trustee to invest 90% of his cash in an S&P 500 index fund and 10% in short-term government bonds. According to Buffett, the market has gotten too efficient and claimed, “there are no bargains out there.” The S & P has shown remarkable predictability, resilience and appreciation. Bob Wiedemer is a Senior Investment Advisor at Bull Bear Investment Management, who helps his clients invest in S & P 500 index funds. Bob is also the Author of New York Times and Wall Street Journal Bestseller Aftershock and Fake Money, Real Danger.