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Excellent advice from Igy
RE: Down goes the Dow

Ghost of Igloi wrote:

Here is just one article:

http://www.marketwatch.com/story/is-the-stock-market-overpriced-2017-01-03


One thing we do know, however, is that the current level of PE ratios, whether TTM, forward or Shiller, has been shown to be a poor guide to market timing. This knowledge brings us back to the "old time religion" — buying and holding a diversified portfolio commensurate with your personal risk tolerance is the best defense against uncertain markets.

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