The S&P 500 total return since 2019 is nearly 100%. A correction (a drop of 10% or more) will certainly take place, date unknown.
Intelligent investors like Monday Morning Program members always have cash available to buy the market at bargain prices that are sure to develop. Many members keep 50% of their assets in cash and re-balance to that asset allocation anytime it changes by market movements up or down.
For a review of evidence-based timing, it would be useful to to go to our website and do a search for “rebalance”(not case sensitive).
Rebalancing at a 5% drop makes sense.
With the habits of the Monday Morning program, luck hardly matters.
We have designed the Monday Morning Millionaire Program to offer abstracted investment education. Over the last two decades, the program has outperformed over 90% of portfolios, including professionally managed ones.
The program does not provide any investment advice or endorsements.
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