Kiplinger

A Tale of Two Investors: 1 Panicked and 1 Didn't

"It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness ..." The famous opening line of Charles Dickens' classic Tale of Two Cities has remained culturally relevant for the past 160 years in many ways -- including in the modern world of investing. That passage brilliantly sums up the paradox of today's financial landscape: Do we live in an era of opportunity, or is it the beginning of the end?

We have enjoyed the current record bull run in the stock market for nearly 11 years uninterrupted. The

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