retail investors all think the US stock market will continue to surge, frequently chasing, now everyone including the elders and grandmothers think the opportunity is coming, old Buffett is starting to massively reduce his holdings, he is almost 100 years old, has eaten more salt than your rice, others are greedy while I am fearful, behind the madness is risk.

Any wealth washout must be a systemic sharp decline followed by a rebound, currently US bond yields have broken through 5%.
In history, in 2007, US bonds broke through 5%, and in 2008 Lehman Brothers collapsed, triggering a global financial crisis,
Global capital considered US bonds the most trusted asset, and global funds flooded into US bonds, inevitably creating a siphon effect, triggering a global financial tsunami,
so chasing high can be deadly, the old man has risk awareness, should we also revere the market? Although the wind is stronger, fish are more expensive, but not every fish at every time can be caught.
Risk control first.
Regarding dollar-cost averaging funds, I will explain the detailed rules and precautions later, for reference only. #Nasdaq