Thanks for stopping by Mike and admitting the truth!

Timing the market is tough….and done badly can be a huge waste of time and money as well. Simple is simple – it can work just as well as complex many times.

I love the WWaBD? Almost like the shirts that say WWLDD (What Would Larry David Do)?

DC @ Young Adult Money:

Bogle himself defines it with his “Age = Bonds” rule of thumb. That is, the percentage of your money in bonds (safe money) should be about equal to your age; the rest (risk money) in stocks. As you accumulate money and run out of earning time, you gradually decrease your risk. At age 50, you’ll have considerable savings, half in bonds and half in stock, so a 50% market decline loses you only 25% of nest egg. At age 75, when you’ve saved all you’re going to, only 25% of your money is at risk in stocks.

Also, control risk by rebalancing if market movements pull your stock/bond split away from Age = Bonds — sell what you have too much of and buy what you have to little of. (This makes you buy low and sell high.) One to four rebalances a year should do it.

I am a Boglehead.