Wes Moss Tells $5 Million Couple Avoiding Stocks: ‘You’re Caught in the Everything’s Overvalued Trap’

Financial advisor Wes Moss warns that staying fully in bonds and CDs leaves retirees’ portfolios exposed to inflation and long-term purchasing-power erosion. He points to the S&P 500’s longer-term gains (‑4% YTD through April 1, 2026; +17% past year; +217% past decade) to argue investors who exited markets missed substantial compounding. With the Fed funds rate at 3.75% after three cuts and the 10-year Treasury yielding ~4.3%, fixed income barely outpaces inflation (CPI and Core PCE are rising), especially after taxes. Moss advocates diversification (e.g., an 80/20 bond-stock mix) and a phased equity entry (10% now, another 10% in six months) for near-retirees to reduce volatility-adjusted risk and preserve real income.