In theory I agree...but it's been a 10 year bull market and I would really not want to see any of my non-retirement or retirement accounts halved if I can help it.
My amateur "macro" view is we're in for heavily volatile times in the next 5 years.
I tend not to follow textbook personal financial advice shrug
I cashed out in September 2018 and I am most certainly not crying about missed profits :) That money is happily deployed elsewhere for better uses and the next time I have excess savings it will go into stocks when they're at the bottom of the market
Yes, but there's also no need. When 2008 happened, not only was it in the news 24/7, anyone looking at the chart understood they were getting a 30% discount on an index of the US economy.
My amateur "macro" view is we're in for heavily volatile times in the next 5 years.
I tend not to follow textbook personal financial advice shrug