Install location is correct. The creative cloud file location has nothing to do with AE. AFAIK - It is basically another form of cloud storage.
If you want optimal performance, you should set your Disk cache to your SSD. Optimally you should have your footage stored separately on different HDD than your cache. You can set cache location in After Effects app --> Edit --> Preferences --> Media & Disk Cache.
Hope this helped.
Thank you Jachym,
I listened to your advice, I also assumed in After Effects Preferences, Media and Disk Cache Settings has 2 different Cache, one is Dish Cache with Max Cache Size setting the other is 'Conformed Media Cache' I basically used the same SSD for both and created a Folder name AE CACHE on that SSD that I want to dedicate to all cache and preview files. I am assuming they can be pretty much in the same place.
I have realized though for some reason Adobe is creating lots of folders and cache files still on AppData \ Local \ Temp on C: Drive
(I also installed Premiere via CC, and it didn't let me choose a general scratch disk folder location as far as I can tell. and there are so many random named folders in that Temp Folder on windows, it is running my space down on C:\ Drive...
In premiere CC preferences, you can again set media cache to a specified drive. Furthermore, when creating new project, you can set the scratch disks to your preferred location.
Thank you Jachym! Much Appreciated.