I’m kinda thinking that we all have seen the market making new highs ....monthly and yearly for some years now. And much of the highs came on the back of euphoria and printed money. At the start of Trump’s term, the PE on the SPY was pushing 30.
We all knew this day would come when a financial panic (certainly in the media) pulls money out of the market like a tsunami.
That is when you buy the market on sale and start feathering dollars into it. No retail investor can pick the bottom, but they can see the market when it starts to go on sale.