here we go one last time this is motleyful answers i'm alison southwick joined as always by robert brokamp

personal finance expert and all around good sport here at the motley fool hey bro well hello alison

so this week is our last episode of motleyful answers as we're making the move to the new

Motleyful Money podcast starting in January. So today we're going to recount our lessons learned

over the last seven years of the show. We'll read some of your emails and answer a few

questions you submitted, some financial, some not. All that and probably some reminiscing on this

week's episode of Motleyful answers.

So if you were paying attention last episode, you'll remember I told you how answers will now

become a part of the new daily Motleyful Money podcast coming in January. So this is essentially

our last episode of Answers as you know it. Coming in January, you'll find us every Tuesday on the Motley

Fult Money podcast. So head over there to subscribe. Seven years flies by when you're having fun.

And while I admit, I do tune Bro out a bit when he starts talking about RMDs. I have learned a

lot from him and our guests over the years. And so we thought we would share our top

three lessons. Bro, do you want to go first? Sure. I'll go, I'll go first. And of course,

mine are going to be probably a little bit more financial planery than yours. But my first lesson is

basically curb your predictions. Now, I like probably many people in my age, I'm in the early 50s. I came

of age as an investor during the dot-com crash and then the Great Recession. And during those

times of great exuberance, Robert Schiller of Yale came out with a book called Irrational Exuberance,

saying that stocks were priced too high based on the cyclically adjusted price to earnings ratio,

which is the PE,

but using instead of one year earnings, its previous 10 years earnings adjusted for inflation.

And he said it's at an all-time high. Stocks probably are not going to do well over the next decade.

...