I actually don't know or care what a Shiller or PE or whatawhozit is.
You know there is a study that showed the portfolios that performed best during the crashes were the ones where the people basically didn't even remember to check them? Literally didn't do a damned thing, and they outperformed the market timers/panic buy/sellers. Because just leaving things alone and letting it drop and then recover (as long as you're not invested in one volitile company/industry) was the best way to weather the crashes. So if you're invested in a broad market assortment - like an index fund AA - LEAVING IT ALONE (and just keep buying like normal, all the way down) - is the smartest thing to do.
I don't care if the market has peaked, the bears are coming, dogs and cats living together mass hysteria...
It is noise. All those news channels and financial gurus need to talk about the next big crash, the hot new investment, who is going bankrupt, who is going public... they gotta predict, fear-monger, and get SUPER EXCITED because otherwise they'd be out of a job and their books and sites might not be so popular.
Markets go up, then they might go down for a while. Might be a sudden drop, might take a while. Might go flat even. That is what they are supposed to do. It is expected, it is normal and shorting this or market timing that isn't going to matter a hill of beans and mostly is just a waste of precious brain space trying to figure out if I need to sell this or buy that RIGHT NOW.
I have my IPS, I trust my AA, and I am over here sittin' next to honey badger... I don't even care. And I'm down like 80K and counting so far. No worries.
Top is in.