Wrong on several counts. When the overall market is at multiples not seen since 1929, when tech companies trade at 50-100 times earnings, when you can launch an IPO for a company that has no revenues- no sales, any rational person would head for the exit. I happily retired at 51 and have no regrets at all. I shared my research and conclusions with anyone who would listen for 5 minutes. To my knowledge only one did.
As a matter of fact I believe I referenced the relevant article from the Journal of Financial Planning here. Well I learned a valuable lesson from all this myself. People simply believe what they want to regardless of the evidence, history, or professional opinion. Don't waste your time trying to changes their minds, you'll only annoy them- most of the time. Rather sad really. Fred