RE: “ I will still be better off than...”
Congratulations -
Truly, you are pragmatically worldly smart.
You sit pretty in today’s stratospheric stock market levels that correlate to the 1929 run up, which serve “investor / gambler” self interests well, in the historical short term.
However, for your grandchildren and our nation’s future, not so much...
The reason why the stock markets and Real Estate has soared to unsustainably high levels correlates to shift to a debt based economy / US dollar fiat currency, ie: 1988 US debt was $1 Trillion, 30 years later it’s $22 Trillion, 8 years of unheard of QE1-2-3 money printing, ZIRP & NIRP, and a US (Petro) dollar that is blessed to be the world’s reserve currency up til now.
From long term perspective, mathmatic and demographic reality assures we are economically screwed and will pay dearly for our debt based fiat currency and non-saving society.
Just because you can, doesn’t mean you should...
I remember the 1987 crash - never blinked. Rode it out and a year later I was back where I was and then some.