The stock markets reach new all-time highs after a rough start to the year.  As always there are so-called experts who claim that the market is too high and will come crashing down around us at any minute and the other experts are telling us that this is just the start, the market will go up for the foreseeable future.

Take all this with a big grain of salt.  There are enough opinions that surely one of them will be right…but which one?  We won’t know until it’s in the rear-view mirror!  When an expert makes the right call once, they are expected to do it again, and again, but it doesn’t work that way.

When you understand market risks and you have a long-term plan, you can ignore these prophecies and go about your day-to-day business.