The media is full of reports of investors acting out of FOMO — “fear of missing out.” Many investors suffering from FOMO are making a classic mistake. I describe a better way in this article. The large response I received adds to the anecdotal evidence that many investors are making a second classic mistake, as they suffer from the fear of heights. This is the flip side of the fear of missing out. About a year ago, when The Arora Report laid out a scenario for Dow 30,000, we got a fair bit of hate mail. Now we are getting some hate mail for staying bullish when the market is so high. Many investors are very concerned that the stock market has gone up in a straight line, valuations are stretched and technically the market is very overbought. Many in this group are making the second classic mistake — completely selling out of stocks. Before sharing with you a better way to deal with the fear of heights, let us first look at two charts to fully understand the issue and the better way.via