Originally Posted by
MoAlpha
Stocks are expensive, no doubt, and the world is crazy, but you're relatively young. I wouldn't get too spooked.
No, I am NOT making any changes. I am ready to ride out another full cycle. My advice is really towards those 65+.
Sad story: my aunt, who is now around 80, lost about HALF of her investment value in the crash 10 years ago. She could not accept any more risk and got out at the bottom of the market. If she had stayed in, she would have been on easy street.
Buy low, sell high. It's kinda high now, so reasonable to sell if you are over-leveraged and older.