[lackbeard]

The only advice I have to offer (which may be terrible advice!) is to keep a big chunk of your investment portfolio in cash (10-25%.) If you maintain your target weights in how you allocate your contributions and also by rebalancing a couple of times per year, you'll effectively be automatically buying low & selling high.

[ac29]

Meet Bob, the world's worst market timer: https://awealthofcommonsense.com/2014/02/worlds-worst-market...

Over long time scales, it really doesn't matter if the market is just about to crash. Time in the market will always beat timing the market, given that no one can know market tops and bottoms.

That being said, if you have a short term savings goal, are just about to retire, or simply dont sleep well worrying about losses - cash isnt the worst way to allocate some of your assets. Its not for me, but to each their own.

[unstatusthequo]

Inflation means holding cash actually devalues it. Assets are better protection mechanisms. Real estate, precious metals, crypto maybe, fine art, etc .

[lackbeard]

Assets are not a good protection mechanism if you buy them at the height of a bubble in asset prices!

[tonyedgecombe]

Inflation is very low at the moment and there are benefits to having at least some cash on hand.