Regarding the Warren Buffet Article:

My wife who has a Master's degree in Business was saying to me when I read her the Warren Buffet Article that: "Yes. I think stocks are overpriced right now. I've been thinking this for several months now."

So, I worry about the brand new investor who wants to invest money just before a major course adjustment of stocks downward. Long term investors won't really be affected at all as long as they stand pat and are invested in something like Blue Chips Stocks with Dividends. But, Risk taker investors could easily be wiped out in a course correction down turn who are day traders especially.

I have watched several friends who were aggressive investors now in the last 10 or 20 years lose basically everything. Why?

Because if you are an aggressive investor and you forget to check the market one morning when things are happening to your stocks or funds then you can easily be wiped out in one morning while you are sick or having breakfast. Because for an aggressive investor in Growth Stocks there often is no second chance if you miss something one day.

However, if you are a well invested with well researched stocks over the long haul more often than not your dividends and your stock prices are going to go up and up over time (even if you had to hold onto your stocks when they dropped during "The Great Recession". So, being a well invested well researched stock or bond or Fund investor (or all three) is one way to stabilize your investments over time so you can with a diverse portfolio weather almost any situation over a few years time.