We really need some major bad news to trigger a bear market of sorts. I am not too excited about entering the market at these overvalued levels to be honest. Yes, I did miss out on the gains during the last 7 months of 2017 as I chose to move into cash and remain on the sidelines but it was a conscious decision and I have no regrets.
I would much rather make my exemplary gains and exit the market early and miss out on some gains than stay invested through a bear market and see all my gains wiped away. The stock market can give incredible returns. It’s averages down to 10-12% returns over a long time because people who don’t understand the market choose to remain invested through the crashes.