Warning: Incoherent post with main objective of thinking aloud I think I have a plan until when I asked myself this question, then I realized I have many nagging questions and thoughts, so I thought I pen it down and hope it crystallize my thoughts. You can stop reading now if you are looking forward to a coherent post. -------------------------------------------------------------------------------------------------------------------------- My plan is simple, has enough cash to buy in bear and enough equity to sell in bull. The % part is also simple. Assume STI historical peak of near 3800 is a peak where I would want to hold only 20% equity, then if it crash 50%, and STI is at 1900 I should have 80% equity. In between the two, it can be tiered, but  I feel there is no need to allocate a fix % to it. The nagging question is with STI 3300 and 60% cash ......