Right now, the U.S. stock market is hovering close to record levels. It’s fascinating to see how the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite are reaching new heights. The way these major indices are performing almost feels like they are defying the laws of gravity. Collectively, the companies that make up these indices have stock prices that are historically and statistically elevated when you compare them to their earnings. This scenario brings thoughts to mind about our reliance on market trends…
This discussion originally appeared on Can I Retire Yet?, under the title “How Do You Manage Risk?”
