My summary insight from studying hundreds of years of all types of manias and panics is simply that bubbles always burst, and then they go back to where they started or a bit lower.

FORBES: Greatest Real Estate Bubble In Modern History Not Done Bursting

"The retail investor is quite a bit more sophisticated than they were, say, 10 years ago when the tech bubble burst, " she said.

CNN: For some skillful and plucky investors, it's a buyer's market