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03 October 2017
OVERVALUED

When the global stock indices last had these values (actually a bit lower) they crashed. Will it be different this time? It would now be prudent for you to take at least a sizable portion of your investments off the table to cash unless you are convinced that what you have is immune to market movements. Markets have a habit of continuing upwards for much longer than market watchers think is reasonable so as with many things timing is the challenge.

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