Timing the market!

Spivo46

https://forums.moneysavingexpert.com/discussion/comment/82115934#Comment_82115934

Excellent response and admire your tactics

Triumph13

https://forums.moneysavingexpert.com/discussion/comment/82116999#Comment_82116999

I couldn't find a low fee broker that offered that function, sadly.

mrklaw

https://forums.moneysavingexpert.com/discussion/comment/82115934#Comment_82115934

with respect I don’t tthink thats timing the market at all - thats perfectly normal adjustment of your allocation based on risk appetite/approaching retirement. You’re still 70:30 equities:fixed income which is more aggressive than many would be but is good for you.

MK62

https://forums.moneysavingexpert.com/discussion/comment/82117197#Comment_82117197

You still have to decide when to perform this allocation adjustment......😉

Storcko14

https://forums.moneysavingexpert.com/discussion/comment/82117221#Comment_82117221

But you can base that on a rule, e.g., keep equities in a range 60-65% or something. Timing to me is saying "tomorrow's going to be when the crash happens so i'm dumping equities now and i'll buy back in 6 months when it's all bottomed out". Very different.

mrklaw

https://forums.moneysavingexpert.com/discussion/comment/82117226#Comment_82117226

yep the second one is ‘timing the market’ in the classic sense. you’re trying to ‘beat the market’ by timing your buying/selling.

first one is planned adjustments to allocations as part of a controlled approach to retirement - recommended most people do this, regularly reviewing and aligning. the market doesn’t necessarily have any influence although your personal risk tolerance may be affected at review periods