I am a nobody, but yeah, I'm feeling similar to OP. I don't feel great about bonds, especially in this environment. I sold in March and bought discounted equities with it in the portfolio I had at the time (Paul Merriman 10-fund). That's a value portfolio which has been doing super meh and IDK if I'm going to continue with it.
What I am doing:
Purchasing a combo of gold, silver (probably an even better value right now), and other metals. Combo of miners + physical holding ETFs. I have it currently at 15% of my IRA accounts but may increase to 20-25% of my total IRA accounts.
Cash- I have significant holdings here- currently 50% of my worth (lil over 30k, most of this has come in last 2-3 months). I earn a ton more doing bank sign up bonuses and kickfurther than I can reasonably expect in the market, AND I have more liquidity there in case of emergency. The worst of it is in 5-6% savings accounts (netspend, DCU, and now a new one called Yotta- lmk if you need referrals), even that is better than bonds after inflation.
Real estate- I don't own a house, and have given up on that, since I moved in with my bf who owns one. I have a REIT in my 10-fund plan above, it sucked butt this year. I have been dabbling on alternative RE opportunities, and am getting way better with my groundfloor account which also offers a IRA option (currently I have like $20 in taxable just to see how it worked). I may also use Fundrise, which also has a low minimum to start.
Wine- I'm very interested in Vinovest, I started a $1k position here. I like that the avg return is ~13% (not including inflation) AND that it's not correlated to the market. I may open a self-directed 401k where I can include this, currently you can't put this in a normal IRA
Crypto- feel bullish on this in the next year or two. I used to get a lot of physical cash from working, I'm not now so much. We have a bitcoin atm at the local convenience store in the hodunk town I moved to, IDK why, it doesn't have fees. I plan to put the occasional tips I get in there, and keep what I have from signup bonuses from all the apps.
With any of the earnings I have throughout the year with all this alternative stuff I will then stash it into IRA's (solo 401k + HSA + roth or trad depending on my income). I just can't see the point of it throughout the year sitting in stocks earning meh when it could be having definite positive growth outside of it.