We know prices are high. We also know what goes up must come down. So what is your exit strategy?
The source of this run without doubt is ample global liquildity, cheap money. This trend will eventually reverse. When it does, will you get out in time or get suck in?
I see below as indicator to get ready to exit your investments. And these signs will come in sequence. Although this may happen some years later.
Look to the west, US.
Phase 1. Significant drop in US employment.
Phase 2. QE3 ceased.
Phase 3. US GDP become strong (prepare to exit)
Phase 4. Inflation rise (must exit)
Phase 5. Interest rate rise (too late)
What's your opinion?