With massive concentration like this you are forced to be bullish, as your success is predicated on the bubble not bursting.
If you are an index investor, the bet is that the economy (and the market) will eventually recover. Which historically it has:
* https://awealthofcommonsense.com/2023/05/the-stock-market-is...
Incorrect. Success is predicated on not panicking and staying the course:
* https://awealthofcommonsense.com/2023/05/the-stock-market-is...
Even if there are bubble(s) and they burst, or there are crashes for any other reason, you can succeed:
* https://awealthofcommonsense.com/2014/02/worlds-worst-market...
If things were as simple as you suggest absolutely nobody would invest in individual stocks.
Which "market"? Equities? Which of those? US, Canada, Europe, other, all? Bond market? Government, corporate?
Your goals, timeline, and risk profile should determine the contents of your portfolio.
> If things were as simple as you suggest absolutely nobody would invest in individual stocks.
It is as simple as I suggest, and most people should not invest in individual stocks:
* https://en.wikipedia.org/wiki/A_Random_Walk_Down_Wall_Street