Re: What does this mean?.......digndlvr
Why no bonds in 401ks? I try to have investments that are taxed at ordinary rates inside the IRA. Everything that has presferred tax rates is in a regular account. Any active trading is done inside the IRA.
WRT timing the markets, I have no problem in having a weighting range, for example a minimum of 5% to a maximum of 20%. Twenty per cent may be held during very favouable periods, gradually dropping down as the environment deteriorates.
For me cash (and cash equivalents) are an asset class and may sometimes be held for a prolonged period