"I'm feeling all anxious now"
Old Wall St slogan: "Markets climb a Wall of Worry". It's normal to be anxious. Stocks are by definition, "risk assets" vs. say Govt Bonds. Of course some are riskier than others . An unfortunate aspect of ZIRP in US, is that (older) folks living off Bond yields etc are getting less and less. They're - against their will - pushed into riskier assets classes, such as stocks.
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Read Taleb's "barbell strategy". I'll get you a reference some time.
Here it is: The Black Swan, 2nd Edn, page 205-206. He knows (everything).
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What, if anything, are people buying today in this 2 day selloff?, page-301
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