Ask Stacy: The Stock Market Is High — Should I Get Out?

I recently took some money off the table, but probably not for the reason you think.

Ask Stacy: The Stock Market Is High — Should I Get Out? Photo by Nixx Photography / Shutterstock.com

Welcome to “Ask Stacy,” a short video feature answering money questions submitted by readers and viewers. You can learn how to send in a question of your own below.

If you’re not typically a video watcher, give it a try. These are short and painless, and I think you’ll learn something valuable.

Today’s question is about the stock market; specifically, whether it’s time to take some money off the table.

With the market hitting new highs daily and overpriced by nearly every historical norm, it’s a question every responsible investor should be asking.

Here’s what I think.

For more information on this topic, check out “10 Tips for Sane, Successful Stock Investing” and “13 Dumb Investing Moves and How to Avoid Them.” You can also check our investment section any time by clicking on “Grow” at the top of every page.

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You can ask a question simply by hitting “reply” to our email newsletter, just as you would any email in your inbox. If you’re not subscribed, fix that right now by clicking here. It’s free, only takes a few seconds, and will get you valuable information every day!

The questions I’m likeliest to answer are those that will interest other readers. In other words, don’t ask for super-specific advice that applies only to you. And if I don’t get to your question, promise not to hate me. I do my best, but I get a lot more questions than I have time to answer.

About me

I founded Money Talks News in 1991. I’m a CPA, and have also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate.

Got any words of wisdom you can offer on this week’s question? Share your knowledge and experiences on our Facebook page. And if you find this information useful, please share it!

Got more money questions? Browse lots more Ask Stacy answers here.

Stacy Johnson
Stacy Johnson @moneytalksnews
I'm the founder of Money Talks News and have spent the last 40+ years in the personal finance trenches. I'm a CPA, author of a few books and multiple Emmy recipient. I'm ... More

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