You can’t time the market. Keep buying stocks like they will continue to go up, at the end of the day, if the market crashes and values tank, it’s no big deal. Keep holding your stocks, they will recover, in fact buy while everything is super cheap. If you would have bought back in 09-10 when everything was cheap you would have made mad money like me.

If you are hoarding cash right now, do so with the intent to buy in the next major crash, whenever that is.

Just keep investing, entering at age 30 you are late to the game and need to make up for lost time.

You don’t “lose” until you sell, even if your parents lost value in 09 they would have recovered it all and more after a few years.

My portfolio was down 33% in 2008. That loss was quickly reversed with the 8% on average returns over the last 10 years.

Easier to stay invested. That way you’re fully in whenever the bottom comes.

losing huge amounts of money is going to happen. there's nothing you can do to avoid it, other than not invest in stocks. the tradeoff is that it always comes back higher.

being risk averse will actually cost you hundreds of thousands of dollars in the long term. research cFIRESim and plug the numbers in yourself: the portfolios most likely to survive long retirements with money left are those with higher stock %s (i'm talking 90% plus).

you can't get enough growth with materially high bond %s to survive long periods of withdrawing. satisfying your risk averse reptile brain will actually generally lead to you drawing 100% of your savings down, which isn't great if you aren't earning via something else.

if you are interested in material long term growth, e.g. enough to outpace inflation, you have to accept the fact that you will lose enormous amounts of cash virtually overnight. your other options are to lose your wealth due to inflation/aversion to risk. it's regrettable, but that's the situation we are in with targeted 2%+ inflation.

best of luck!