Q: I have all of my money in stocks and I have never tried moving it into anything else. What if I was pretty certain that the stock market was going to have a negative adjustment? Should I move my money into something else temporarily until it starts to rebound?
A: You’re talking about market timing; the answer depends upon the probability of being right in your prediction, the benefit to you of being right and cost of being wrong. For most investors, particularly those relying on their investments to fund retirement income someday, market timing is a poor bet.