I have approximately 30% of my retirement portfolio in stocks. Sometimes, I think that I should have been more aggressive in the market about a year ago, but I know this is a house of cards that will collapse eventually. However, watching the markets expand at a furious pace without any justification for this increase is making me more nervous about my liquid assets in the banks. I am actually thinking about taking half of my money out of the banks right now just in case.
Not a foolish move at all. But buy tangible goods that will hold their value. Your money will lose its purchasing power at home in a safe just as fast as it will in a bank.