The Markets have ran for 4 years plus which is typical average for a bull. What usually happens is a 1-2.5 years of bear market.
With that I get asked quite often where the market is going and when will the bear come. I am no fortune teller and market predictions are usually murky at best, whether you are using economics, politics or technical analysis to reason.
Young investor with a long term horizon
Naturally, the group that asked most often are the young folks around my age. We are afraid of losing our capital.
The thing that works for us is that we probably still have 20-30 years of investing horizon more.
If you are a young person that grew their portfolio with a cost of $40k, losing 60% of your capital in a 1-2.5 years bear could look rather devastating.
