http://finance.yahoo.com/news/third-biggest-stock-bubble-u-174055752.html
I'm trying to ignore these types of thoughts as I prepare to ER. But these are the things that have me wondering is 35x enough?
I'm not concerned with timing the market as with timing my retirement so that I'm in a market condition which doesn't seem so unfavorable to start retirement.
I buy the argument about asset inflation being correlated to the Fed's balance sheet. I feel they are playing musical chairs. Who wants to jump into the game when the music has been playing like it is and could stop at any time?
It's also the reason when I think of an initial ER allocation I think to start out with more bonds than equities.
On the other hand, whose to say I'm in the group that lives to 90+?
Now I understand OMY. For those of you who ER'd in the early 90's or early 2000's - did you agonize over such things? During that time was there a media push saying how overvalued things were?
That’s right: According to Smithers’s data, we are now in the third biggest bubble in U.S. history. (Oh, to jump ahead slightly, he also suspects it will go up even further before it comes back down.)
I'm trying to ignore these types of thoughts as I prepare to ER. But these are the things that have me wondering is 35x enough?
I'm not concerned with timing the market as with timing my retirement so that I'm in a market condition which doesn't seem so unfavorable to start retirement.
I buy the argument about asset inflation being correlated to the Fed's balance sheet. I feel they are playing musical chairs. Who wants to jump into the game when the music has been playing like it is and could stop at any time?
It's also the reason when I think of an initial ER allocation I think to start out with more bonds than equities.
On the other hand, whose to say I'm in the group that lives to 90+?
Now I understand OMY. For those of you who ER'd in the early 90's or early 2000's - did you agonize over such things? During that time was there a media push saying how overvalued things were?