Search found 11467 matches

by HomerJ
Mon Oct 15, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: trip to Grand Cayman & dieting
Replies: 27
Views: 1459

Re: trip to Grand Cayman & dieting

Cycle wrote:
Mon Oct 15, 2018 4:47 pm
anyone else having liver and onions for dinner tonight? :sharebeer
You're not helping your case at all. :)
by HomerJ
Mon Oct 15, 2018 3:27 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Prepare For The Bear
Replies: 12
Views: 1744

Re: Larry Swedroe: Prepare For The Bear

I don’t know of any specific “test”. All those strategies have been present for a very long time. They’ve been done by banks and hedge funds. Just now open to the public. Certainly always worry that investable by public is a bad sign. It's certainly not a good sign. Once a strategy is released to t...
by HomerJ
Mon Oct 15, 2018 1:21 pm
Forum: Investing - Theory, News & General
Topic: Short Term Bond yield over 3%
Replies: 77
Views: 8079

Re: Short Term Bond yield over 3%

I know CD ladders can be unpopular here, but I am amazed at the current numbers. 3% for the 2 year through Fidelity! https://fixedincome.fidelity.com/ftgw/fi/FILanding#tbcds|treasury|cd-new-issue It seems that a CD-ladder would be better than a short-term bond fund. Shorter duration, same interest ...
by HomerJ
Mon Oct 15, 2018 11:54 am
Forum: Personal Consumer Issues
Topic: trip to Grand Cayman & dieting
Replies: 27
Views: 1459

Re: trip to Grand Cayman & dieting

Consult a Registered Dietitian, not a bunch of people on the internet who are interested in personal finance and investing. Seriously, would you consult a Registered Dietitian on how to allocate your 401k? We tell people not to consult "registered" financial advisers on this site as well :) There's...
by HomerJ
Mon Oct 15, 2018 11:46 am
Forum: Personal Consumer Issues
Topic: trip to Grand Cayman & dieting
Replies: 27
Views: 1459

Re: trip to Grand Cayman & dieting

daheld wrote:
Mon Oct 15, 2018 7:44 am
Consult a Registered Dietitian, not a bunch of people on the internet who are interested in personal finance and investing.

Seriously, would you consult a Registered Dietitian on how to allocate your 401k?
We tell people not to consult "registered" financial advisers on this site as well :)
by HomerJ
Mon Oct 15, 2018 11:44 am
Forum: Personal Consumer Issues
Topic: trip to Grand Cayman & dieting
Replies: 27
Views: 1459

Re: trip to Grand Cayman & dieting

I have recently discovered the secret to weight loss.... for me. Eating slow. So, I eat what I want, but I take a bite, put down the fork, wait a minute or two, take another bite. 20 minutes later, I feel full, and I enjoyed the taste of good food for the entire 20 minutes. I've dieted before, but i...
by HomerJ
Mon Oct 15, 2018 10:42 am
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 160
Views: 11372

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

I have not run the scenario, so take this as hear say, but i recall reading somewhere that many of the failure cases for the ex-US is driven by countries that were reduced to rubble during the WW1 and/or WW2. I recall that discussion saying if you excluded those scenarios, the gap between US and ex...
by HomerJ
Mon Oct 15, 2018 10:30 am
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 160
Views: 11372

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

I have not run the scenario, so take this as hear say, but i recall reading somewhere that many of the failure cases for the ex-US is driven by countries that were reduced to rubble during the WW1 and/or WW2. I recall that discussion saying if you excluded those scenarios, the gap between US and ex...
by HomerJ
Mon Oct 15, 2018 10:08 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Prepare For The Bear
Replies: 12
Views: 1744

Re: Larry Swedroe: Prepare For The Bear

Evaluating where you currently are relative to your goals after this long bull market and cooling off the asset allocation is not market timing; it is rational assessment of your need to take risk and acting appropriately. This is true. As one gets closer to retirement, one probably should go more ...
by HomerJ
Sun Oct 14, 2018 6:12 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 160
Views: 11372

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

It seems as if people want a plan of withdrawal that is safe and is not subject to change and that it will last their entire retirement. What I would call set it and forget it. If only there were a financial product people could buy using a fixed amount of money up front that would provide a guaran...
by HomerJ
Sun Oct 14, 2018 12:21 am
Forum: Investing - Theory, News & General
Topic: Who worries about a bear market in stocks?
Replies: 71
Views: 5437

Re: Who worries about a bear market in stocks?

Carol88888 wrote:
Sat Oct 13, 2018 10:24 pm
Stocks far outperform bonds in each 20 year period. I think I've got 20 years or more (I hope) so it seems rational for me to be all in stocks.
Stocks out performed in the past. It's quite probable they will in the future. But it's not guaranteed. You act like stocks are risk-free.
by HomerJ
Sat Oct 13, 2018 10:16 pm
Forum: Investing - Theory, News & General
Topic: Who worries about a bear market in stocks?
Replies: 71
Views: 5437

Re: Who worries about a bear market in stocks?

Sorry for those who haven't heard Bill Bernstein's advice "If you've won the game, then stop playing." Translated: if you've saved enough to support a reasonable lifestyle, then get out of stocks and eliminate that risk. In my opinion, the goal of saving and investing is to get to the point where y...
by HomerJ
Sat Oct 13, 2018 10:14 pm
Forum: Investing - Theory, News & General
Topic: Who worries about a bear market in stocks?
Replies: 71
Views: 5437

Re: Who worries about a bear market in stocks?

In my view, those who have accumulated enough savings to retire comfortably should follow William Bernstein's advice to get out of stocks. Stocks can be counted on only as a long term investment asset. You should be prepared to hold for 15-20 years without liquidating before you should be willing t...
by HomerJ
Sat Oct 13, 2018 10:12 pm
Forum: Investing - Theory, News & General
Topic: Who worries about a bear market in stocks?
Replies: 71
Views: 5437

Re: Who worries about a bear market in stocks?

There are three groups of stock investors: 1) Young investors with a long time horizon until retirement. They don't have to worry about a bear market because they should have a large allocation to stocks and a bear market gives them the opportunity to buy more shares at lower prices. 2) Older inves...
by HomerJ
Sat Oct 13, 2018 8:57 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 160
Views: 11372

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

5% of a 100% stocks portfolio will last forever, and the average annual $ withdrawal will keep up with inflation, together of course with the annual portfolio balance keeping up with inflation, forever. This is incorrect. During the Great Depression you have gone bankrupt. I.e you can hand over a p...
by HomerJ
Sat Oct 13, 2018 4:46 pm
Forum: Investing - Theory, News & General
Topic: When will you backup the truck on stocks
Replies: 93
Views: 7859

Re: When will you backup the truck on stocks

I recently retired at a 55/45 allocation. My IPS calls for +/-5% rebalancing bands and to rebalance to 60/40 by the time I'm eligible for SS, but I have been considering adding a back up the truck rule. I like the idea of increasing my equity exposure if Schiller CAPE goes below 20. I will have to ...
by HomerJ
Sat Oct 13, 2018 4:44 pm
Forum: Investing - Theory, News & General
Topic: When will you backup the truck on stocks
Replies: 93
Views: 7859

Re: When will you backup the truck on stocks

I am not fragile financially, but I considered it an act of resolve to not sell back then and to keep my DCA investing going. No way was I going to go "all in." Kudos to those that can do that, but it's one thing to say it, and another to do it when you're surrounded by people being laid off, you'r...
by HomerJ
Sat Oct 13, 2018 4:39 pm
Forum: Investing - Theory, News & General
Topic: When will you backup the truck on stocks
Replies: 93
Views: 7859

Re: When will you backup the truck on stocks

I glanced at the threads and there were many people who were holding tight, others who were just continuing to do what they had always done, DCA into their retirement plans, but I don't see too many people who were optimistic about the future. I was 66/33 stocks/bonds in 2008. I rebalanced into sto...
by HomerJ
Thu Oct 11, 2018 11:01 am
Forum: Investing - Theory, News & General
Topic: When will you backup the truck on stocks
Replies: 93
Views: 7859

Re: When will you backup the truck on stocks

Today is what I call a real sell off day, but not something that would make me break open the cash reserves and plung in. I have some reserves that I have earmarked for purchasing 5% more equities in case of a serious sell off. This isn't a regular re-balancing to your IPS or sleeping point plan. T...
by HomerJ
Thu Oct 11, 2018 8:53 am
Forum: Investing - Theory, News & General
Topic: When will you backup the truck on stocks
Replies: 93
Views: 7859

Re: When will you backup the truck on stocks

Today is what I call a real sell off day, but not something that would make me break open the cash reserves and plung in. I have some reserves that I have earmarked for purchasing 5% more equities in case of a serious sell off. This isn't a regular re-balancing to your IPS or sleeping point plan. T...
by HomerJ
Wed Oct 10, 2018 10:03 am
Forum: Investing - Theory, News & General
Topic: Does the Boglehead ever see a unique opportunity for investment?
Replies: 17
Views: 1722

Re: Does the Boglehead ever see a unique opportunity for investment?

A Boglehead friend of mine decided to put 5% of his port into BAC when it's stock price went below $1/share at the bottom of the 2008 financial crisis. I almost did too. Price of BAC today = 29.98 a "thirty bagger". When did BAC ever go below $1/share? The reason I ask is that I bought BAC at what ...
by HomerJ
Wed Oct 10, 2018 9:14 am
Forum: Investing - Theory, News & General
Topic: Does the Boglehead ever see a unique opportunity for investment?
Replies: 17
Views: 1722

Re: Does the Boglehead ever see a unique opportunity for investment?

However, that does not mean isolated opportunities do not exist. Of course opportunities exist. But they are hard to find and they are bets - the results can go both ways. I had a friend make a bet on Ford during the last crash. He bought three times on the way down. He did pretty well (on the last...
by HomerJ
Tue Oct 09, 2018 4:52 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 160
Views: 11372

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

livesoft wrote:
Tue Oct 09, 2018 1:07 pm
^15 more years of living gives one a different perspective on life and maybe some added maturity, so that one wouldn't worry as much about SWR.
Or maybe one would worry more. I know a lot of dumb 45 year-olds who haven't planned for the future.
by HomerJ
Tue Oct 09, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 14706

Re: Should we stay in Crazytown because there's no where to run?

400K is equivalent to how many years of savings. Aka, it will take you how many years to recover that money. Except... you still own the shares. You don't really have to save the money again, assuming the stock market bounces back in a few years. That's a big assumption, but so far that's the patte...
by HomerJ
Tue Oct 09, 2018 9:21 am
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 160
Views: 11372

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

Why would I be wrong in my opinion that 2% is the max perpetual SWR for early retirement? I understand that there's a chance that I may accumulate significant assets over time. I'd rather do that than risk running out of money. Anyone else think this way? You wouldn't be wrong. But you'll have to w...
by HomerJ
Tue Oct 09, 2018 5:51 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why Emerging Markets Matter
Replies: 82
Views: 6126

Re: Larry Swedroe: Why Emerging Markets Matter

Only problem is, those forecasts have not materialized into actual results. Valuation can be cheaper and continue to remain cheap, and that is for a reason. Investors are willing to pay a premium for US corporations, many of them are actually more economically sound than some of the entire countrie...
by HomerJ
Mon Oct 08, 2018 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluate net worth - FIRE really that close?
Replies: 56
Views: 7581

Re: Evaluate net worth - FIRE really that close?

If there's zero science to 4%, then there's zero science to assuming 0% real returns (and therefore 3.3% withdrawals). If we're making numbers up from thin air, then you are as well. Wrong: apples, oranges. The 4% Rule posited by the "experts" (rhetorical quotes for laughter) is couched in "economi...
by HomerJ
Mon Oct 08, 2018 5:45 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 160
Views: 11372

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

Do you have a crystal ball that tells you how long you will live? Of course not, but when I am 60, I can say I won't live to 70 more years. And when I am 100, I can say I won't live 30 more years. But when I am 45, what can I say? You range was 10-25, with very different numbers (10% withdrawals or...
by HomerJ
Mon Oct 08, 2018 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluate net worth - FIRE really that close?
Replies: 56
Views: 7581

Re: Evaluate net worth - FIRE really that close?

And at what age are we talking about? One could just about guarantee 30 years of 4% inflation adjusted withdrawals with TIPS and 25x expenses. Annuities purchased at the trailing years could guarantee much of it through remaining life. I can understand not wanting to rely on the idea that future re...
by HomerJ
Mon Oct 08, 2018 5:24 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 160
Views: 11372

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

I don't understand how the people who say the SWR studies based on past data should not be used to make any plans about the future, then go and say that a slightly lower SWR is fine/reasonable. What are you basing that lower number on? How do you know 3%, 2% (or even 1%) will work if you discount a...
by HomerJ
Mon Oct 08, 2018 4:57 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 160
Views: 11372

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

Very detailed blog post by the "Mad Fientist". Safe Withdrawal Rate for Early Retirees The 4% rule is actually very safe for a 30-year retirement Was not is. The problem is figuring out how much the future will resemble the past. Note that 4% is for the WORST case scenarios. Normal times in the pas...
by HomerJ
Mon Oct 08, 2018 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Allocation
Replies: 24
Views: 2815

Re: Early Retirement Allocation

We live on both of our Social Security checks and my wife's Retirement Plan. That pays all the bills. You're not really "early" retired if you're collecting Social Security. And you're 2 years from RMDs. :) When you say "wife's retirement plan, do you mean a pension? Or withdrawals from her retirem...
by HomerJ
Mon Oct 08, 2018 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluate net worth - FIRE really that close?
Replies: 56
Views: 7581

Re: Evaluate net worth - FIRE really that close?

we do not need to choose in a false dichotomy between a) believing the next 30-40 years' market returns will fall within the ranges experienced in America in the 20th century Safe withdrawal rates in the past were 4%-8% Most of us are going with 4%, with the ability to cut back if necessary. That i...
by HomerJ
Mon Oct 08, 2018 3:32 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth doesn't like single premium annuities
Replies: 185
Views: 9097

Re: Allan Roth doesn't like single premium annuities

I see both sides of the argument about whether an SPIA is worth it for the longevity insurance. And some of us may have large enough portfolios that this isn't really a concern (a 3% withdrawal rate is pretty safe forever). But I don't see cognitive decline mentioned in this thread , and that's wha...
by HomerJ
Mon Oct 08, 2018 3:25 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 160
Views: 11372

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

Note that 4% is for the WORST case scenarios. Normal times in the past, you could pull 5%, 6%, even 7% and be fine. During the BAD times though, 5%-7% withdrawals could bankrupt you. So 4% became the "safe" withdrawal rate because it worked even in the WORST times. So the future doesn't have to res...
by HomerJ
Mon Oct 08, 2018 3:12 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 160
Views: 11372

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

Something to understand for most of us here. "Failure" means you only get to take 2 trips a year instead of 4. Or maybe you eat out twice a week instead of four times a week. If 4% is bare-bones survival, maybe one should try to work longer. If 4% has any normal discretionary spending, "failure" jus...
by HomerJ
Mon Oct 08, 2018 3:08 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 160
Views: 11372

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

Very detailed blog post by the "Mad Fientist". Safe Withdrawal Rate for Early Retirees The 4% rule is actually very safe for a 30-year retirement Was not is. The problem is figuring out how much the future will resemble the past. Note that 4% is for the WORST case scenarios. Normal times in the pas...
by HomerJ
Mon Oct 08, 2018 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluate net worth - FIRE really that close?
Replies: 56
Views: 7581

Re: Evaluate net worth - FIRE really that close?

I have yet to hear a logical argument for the validity of using 20th century America's historical data, if that's what you mean, to predict a specific 30-year or, god help us, 40-year retirement period in the future. This is simple: Guesses about future investment returns (that cannot be predicted)...
by HomerJ
Mon Oct 08, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: Market decline in 2019 ?
Replies: 73
Views: 6377

Re: Market decline in 2019 ?

I would say we are in the decline right now, as we speak. The last four days of the markets has dropped quite a bit. Market decline is usually not usually a one day affair. S&P 500 was down last week on Thursday and Friday, about 1% each day. That's two days. Today is basically flat. People always ...
by HomerJ
Mon Oct 08, 2018 1:48 pm
Forum: Investing - Theory, News & General
Topic: Market decline in 2019 ?
Replies: 73
Views: 6377

Re: Market decline in 2019 ?

Most people believe we are in a bubble and will see a big market decline (anywhere from 20-50%) soon. A lot of "experts" believe this could be in 2019. Most people on this forum probably also believe a significant market decline will probably come eventually. The Bogleheads philosophy is "stay the ...
by HomerJ
Mon Oct 08, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Sell 5-10% of equities to re-balance into bonds?
Replies: 14
Views: 1024

Re: Sell 5-10% of equities to re-balance into bonds?

I'm 33 and an aggressive investor, so my target for bonds has been 10%. It has drifted down to 9.2%, but I'm considering "re-balancing" up to like 15-20% bonds because I'll admit I'm trying to market time before the bubble bursts. I would never consider increasing my bonds to more than 20% of my po...
by HomerJ
Mon Oct 08, 2018 10:20 am
Forum: Investing - Theory, News & General
Topic: Allan Roth doesn't like single premium annuities
Replies: 185
Views: 9097

Re: Alan Roth doesn't like single premium annuities

Wow. This is really interesting. Bogleheads used to like Single Premium Immediate Annuities. Alan Roth writes one article and all the sudden SPIA's are a scam. I don't get it. Amazed that people are so easily swayed by one article. Doesn't bode well for the forum. Just wait until somebody writes a ...
by HomerJ
Mon Oct 08, 2018 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Evaluate net worth - FIRE really that close?
Replies: 56
Views: 7581

Re: Evaluate net worth - FIRE really that close?

That being said, I'm not relying on magic to say 3% is a relatively safe withdrawal rate. The numbers back it up, including economic scenarios that didn't actually happen, dampening future stock returns, accounting for inflation variability, etc. etc. It is not 100% safe but nothing is. What are we...
by HomerJ
Mon Oct 08, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Evaluate net worth - FIRE really that close?
Replies: 56
Views: 7581

Re: Evaluate net worth - FIRE really that close?

if i had a job that was stress free, enjoyable and challenging, about 20 hours per week set by me, and allowed for extended vacation time whenever i wanted, then id probably never quit. I agree. If I could work 3 days a week (for 60% pay), I'd do that until I was 70. But since those jobs are rare, ...
by HomerJ
Mon Oct 08, 2018 9:00 am
Forum: Investing - Theory, News & General
Topic: Is it a sign that a bear market is coming, when most people are afraid that stocks will plummet?
Replies: 42
Views: 2751

Re: Is it a sign that a bear market is coming, when most people are afraid that stocks will plummet?

No one can predict when a crash is coming.

But, in general, it's usually the opposite of what you say.

When most people are euphoric and think the party will never end, that's when it ends.

Look at dot-com bubble, housing bubble, bit-coin bubble.
by HomerJ
Mon Oct 08, 2018 8:57 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why Emerging Markets Matter
Replies: 82
Views: 6126

Re: Larry Swedroe: Why Emerging Markets Matter

Bogleheads: Vanguard Total Stock Market Index Fund contains: 20.60% Emerging Markets 42.50% Europe 29.60% Pacific 0.40% Middle East 6.60% North America 0.30% Other Strive for simplicity (read link below). Best wishes. Taylor I had no idea that TSM was so underweighted in North America! That seems l...
by HomerJ
Sun Oct 07, 2018 7:30 pm
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11405

Re: “It’s probably wise to sell to the sleeping point.” - Jack Bogle

Ask yourself the following questions. 1. What are the odds for the equity market (TSM) to gain 20% from this year’s S&P 500 high vs 20% loss within a couple of years considering the current valuation? 2. What are the odds for the intermediate term treasuries (TBM) to gain 5% or more vs loss of 5% o...
by HomerJ
Sun Oct 07, 2018 7:23 pm
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11405

Re: “It’s probably wise to sell to the sleeping point.” - Jack Bogle

Whose sleeping point? I try to keep in mind that as the self-appointed “money management guy” in the family, loved ones are counting on me not to screw it up. I’m not going to be able to explain away a devastating market loss to family members by quoting Bogleheadian strictures against market timin...
by HomerJ
Sun Oct 07, 2018 7:14 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth video interview two days before the market bottomed in March 2009
Replies: 7
Views: 851

Re: Allan Roth video interview two days before the market bottomed in March 2009

My wife got a big bonus in March 2009... We were one of the lucky ones that kept our jobs and were even in fields that stayed strong (She was HR in Health care, I was working for a HFT who didn't care if the market was going up or down). We invested that bonus 100% in the market... But we were lucky...
by HomerJ
Sun Oct 07, 2018 11:00 am
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11405

Re: “It’s probably wise to sell to the sleeping point.”

Interesting. The 5-10% reduction in stocks would have many here wagging their fingers and chanting “market timing” if someone mentioned doing that in a post. If it's a permanent change because one is close to or entering retirement, that's fine. If you switch back later, then yes it is market-timin...