sign of the times
When a bunch of pilots are sitting around excited about how big their retirement account is, may be a sign….of a top.
I think one could sell any fund that holds bonds or equities and buy stable USD or GBP cash funds, in 5 years I think you'd be happy. Especially if you've already been saving for 15 years and ready to retire.
We're at all time highs people, don't be greedy. Nothing wrong sitting on cash earning 0% for a couple years. Its been a historical run. Be happy with your profits and lock them in.
The buy high, sell higher crowd never learns. Like a game of greater fools playing musical chairs. Who will be the last one without a chair? Easy answer, the fund holders..
We're in a bubble, again. Central banks around the world are on a race to the bottom printing cheap money.
You could easily see equities test the 2009 bottom again when rates start to rise again.