I read it in a few article that there are a lot of talk that bubbles are bursting. Such articles are popularly known as bearish views. I am not commenting on market valuation but instead I noticed that it is always the same people who are bearish. They have been bearish for a long long time already. In fact, any bearish market view will eventually be right because market goes in cycle. After a bull run, there will be a bear market, then bull again. So anyone who just stick with his view will get it right eventually. The problem is that investor trying to make their money work hard for them for retirement isn't going to find such views very helpful. I would say that the best method is to approach investment from a portfolio approach and stick with the plan. However, I know human beings are irrationate and unlikely to stick with the plan when bear market comes. Fortunately these days, there seem to be plenty of non-traditional assets that are not related to equity which people can still invest in. Anyway, I noticed that the bull run has helped to increase my asset under advice (AUA). Currently my AUA of active management stands at $1.8m.