The willfully blind never see a bubble while it is inflating. Bubbles are awesome until they pop, which always ends up happening; no exceptions. Nobody has ever seen global bubbles the size we're now seeing in both debt and equities...
This could go on for a while longer - even a long while. However, I already chose to get out of the exit before the inevitable stampede....
It worked for me in 2007 ... Fingers crossed that it will work again.... My take is that it is time to take the money off the table and then - at the right time - to look for hated asset classes that are way oversold and finally due for improvement. Emotionally it is very hard to be patient when everybody else around you is euphoric about new market highs and speculations about how much higher they are going. No, thank you - for me, anyway.
Just as difficult as going against the crowd to exit "early," however, is the difficulty of getting back in when there is investor blood in the streets and everybody thinks things will never be good again... Just as you can't know the absolute market top, you cannot know the absolute market bottom.
Good luck!
I got my but kicked in 2002 and again in 2008, when the marked drop.
In 2008, I was 25% S&P and 75% Small Cap, and lost 53% of the value of my T.S.P. Account.
But after the ILLEGAL ALIEN IN CHIEF printed his first TRILLION DOLLARS out of THIN AIR, and starting robbing the value of everyone's hard labor, I made up my mind to GET OUT of the dollar.
I sat up a Goldstar Precious Metals I.R.A. and rolled over my T.S.P. Account into Goldstar.
I studied the fees, and then went to about 95% precious metals and the rest in cash, to last out all the fees I expected until I reached the age where I can retrieve my metals without any penalties from the Federal Government.
I'm of 2 different frame of thoughts about our future.
FIRST, I think we'll have a slight uptick in our economy while Trump is in office.Then, after a short period of time, most of the world will turn against us, and start DUMPING DOLLARS, and then the real troubles start.
I think that a small amount of dollars will be valuable for about 2 to 4 weeks right after the collapse, for cash-on-hand to buy cheap.
Then after that period, I believe people, in general. will REFUSE to accept ANY Dollars AT ALL for any kind trade.
SECOND, I think that useful trade or barter items might be a better investment for your future.
Buy things you can use yourself, and maintain yourself, and repair yourself, or things that's easy to find parts for.
Or, buy things you think other people will value, after the total collapse hits us, and use those items to trade for what you need.
That being said, you must realize that I'm getting older, and don't worry about the future, as much as I did when I was younger.
I grew up in the country, and not in the city.
So I CAN survive, as long as I can get around, depending on my health (which ain't what it use to be).