Zvi Bodie, professor emeritus at Boston University and co-author Risk Less and Prosper, Investments and Essentials of Investments sat down with TheStreet's retirement expert Robert Powell.
Powell: "We're trying to help investors what to do with their money right now.... you obviously have some opinions on the stock market."
Bodie: "...it strikes me that the stock market is fully priced if not over priced at the moment. Although, I wouldn't advise anyone to selling it short. I'm very nervous about there being a down turn. Although I can't predict when it will occur, but it's going to happen at some point."
Got questions about the new tax law, Social Security, retirement and/or investments? Email Robert.Powell@TheStreet.com.