I just raised the equity part of my AA, but overshot my target--which led me to recall Lsbcal's grid ("Setting AA and Remembering Past Bad Markets" thread) which, in turn, caused me to have two second thoughts. The first thought was a stirring in my bowels. I know that's probably not a thought to most people, but given my genealogy it passes for a thought (in truth, it passes for deep thinking). I imagine that right about now, some are thinking "Maybe redduck would benefit from working with a financial advisor--who also happens to be a pharmacologist. Or maybe he could work with that Doctor Johnny, The Chiropractor, D.C. who sells lots of medicine on Amazon. That guy has pills for everything." However, this is not the second of my two second thoughts.
Here is my second thought (and a question):
Suppose I want to get my AA down to something that I might be more comfortable with, but I'm fearful and greedy (more greedy at the moment), so I don't want to change my allocation at this time. Suppose I decide to alter my allocation on Aug. 10 (the date of my ex-wife's birthday), but only if the market is still moving up. If it's down, I would hold, I would not make any changes. Would that be considered market timing or would it be considered to be a brilliant way of investing? (I know, I know, it's probably both).
Here is my second thought (and a question):
Suppose I want to get my AA down to something that I might be more comfortable with, but I'm fearful and greedy (more greedy at the moment), so I don't want to change my allocation at this time. Suppose I decide to alter my allocation on Aug. 10 (the date of my ex-wife's birthday), but only if the market is still moving up. If it's down, I would hold, I would not make any changes. Would that be considered market timing or would it be considered to be a brilliant way of investing? (I know, I know, it's probably both).