This is true, if you're a passive investor looking to buy ETFs and have no idea what you're doing.
Looking at popular companies, like Boeing, Netflix, Microsoft etc. right now there is no way I would buy the companies at their current valuation. Understandably you pay a premium for strong, large companies, but if you buy at the incredibly low yields currently offered, you're going to have a bad time if/when bond yields rise (which is likely to occur this year as the fed unloads its balance sheet), or the economy slows down.
Is it a smart move to buy a basket of companies comprised of the priciest ones getting the most weight? Not in the heyday of a bull market we're currently in.
Submitted January 16, 2018 at 10:54PM by InvestingLifeSavings http://ift.tt/2mDYtAU
