So we all know you can't go more than 30 seconds on reddit without someone suggesting an investing "strategy" only to be reminded that it's "market timing" and no one can predict the market. And 99% of the time I would agree. But what if, the other 1% of the time, we CAN predict the market.
The S&P500 is at unique point in time where nearly all metrics indicate that the market is overvalued, many of which are at or near record "highs". Some of these have a 100% historical record of predicting a crash and/or poor long term gains (e.g. Schiller P/E, the Buffett Indicator, etc.). So why would we expect this time to be different?
Now, to clarify, I am not suggesting cashing out or sitting on the sidelines. But for those who have been riding high on the S&P500 for the last decade, has there ever been as good a time to take profits and reallocate with less risk?