Comment by le-mark

> 2008 was sudden and unexpected by most. The dot com crash was sudden and unexpected by most.

In both those events there was clearly a bubble, and although no one could predict exact dates, corrections were expected.

Exactly the situation now. The problem is predicting the top. Example;You might estimate now is a good time to pull your assets out of the markets, but then the markets go up another 10%. Then a 20% correction happens and you attempt to time the bottom but miss it. Best case you buy back in at about the same point you left. With transaction fees and capital gains you’ve lost money anyway.

I did this in 2007, bought some rentals and missed a lot of gains post 2008.