08-28-2021, 08:53 PM
We'll never time a crash and we'll survive a typical correction. All you can do is allocate in a manner you are comfortable with.
Unlimited liquidity could run this thing up for years. My concerns are US equities are high to include stocks that would protect from half the pain. I am not convinced an aristocratic 20% overvalued accomplishes that. Every bond market on earth is overvalued. Real estate is bubbly so that's out.
I will just lean value and have some cash. I always feel much better when I can buy low. I don't want to avoid growth but I will lighten up fast if the market drops for a valid reason.
Unlimited liquidity could run this thing up for years. My concerns are US equities are high to include stocks that would protect from half the pain. I am not convinced an aristocratic 20% overvalued accomplishes that. Every bond market on earth is overvalued. Real estate is bubbly so that's out.
I will just lean value and have some cash. I always feel much better when I can buy low. I don't want to avoid growth but I will lighten up fast if the market drops for a valid reason.