When the market P/E is high (IMHO), historically I have taken some profit to increase my money market allocation so I have cash to redeploy in stocks/ETF’s on market pullbacks…ergo timing the market.
However, I am wondering if my total returns over 3 years would be greater if I keep a constant % of my portfolio (20%) in QQQI, zero in cash, ride the market waves and forego timing the market with that (20%) of my portfolio.
Anyone ever run numbers on this? Thoughts, suggestions appreciated.