source: https://awealthofcommonsense.com/2024/08/timing-the-stock-market-using-valuations/
A reader asks:
My asset allocation has been pretty conservative since the market run-up in 2020. My basic thesis is that the market is overvalued, and the only way I can keep myself in equities at all is to have a 60/40 stock/bond allocation. One thing I like about having the 60/40 split is that it gives me the option of changing to a more aggressive allocation if stock valuations fall. I have nagging doubts that my alloc...