Just some warnings, no idea on what will happen in future and don’t have answer to your question.
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2 -3 year is nowhere near long term. Markets can give depressed returns for longer than that. Long term is not a certain specific period, but it does mean being able to sit tight ( and perhaps buy more within reason and with self control) when shit hits the fan. And this is for indices, for stocks dont have easy answer - you will need an edge else buying more can be fatal. Imagine your funds being down 40-60% at the end of 3 years, must be able to accept that. Its unlikely but possible and happens maybe once or twice a decade.
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People are almost always driven to chase what has been working recently and avoid what hasn’t. Small caps/ large caps/ growth / value / quality / no psu / psu / momentum / crypto / NFT / long term debt etc etc.
Chasing what has worked extremely well recently often does not end well.
There seems to be increased adverts for hybrid funds these days, probably not a bad idea to be conservative in equity. But don’t blame me if they go up 100% next year.
Just few years back small caps were out of favor.
And now