You and I are talking about two different things.
For me, It's about sleeping well at night. It is a good time to adjust your AA when market is at record high because you are not selling at a loss. It is fine for some people who are in 70s to have a 80/20 portfolio and young investors in their 40s with a 60/40 (equity/bond) allocation.
However, It is not recommended to adjust your portfolio during/after a market crash.
You can re-balance after the crash as well. e.g. After the market crash your AA is changed from 60/40 to 50/50. You sell bonds at profit and buy stocks at lower prices, AA is back to 60/40.
Statistics: Posted by wander — Fri Sep 26, 2025 3:10 pm — Replies 120 — Views 17205