Gurus, Experts, FAs and those commercially compensated investment writers and products endorsement love to advocate bonds/equities XX%/XX% but NO cash! It is like saying Cash is really trash!!! No allocation! Chun bo? Cash is both Trash and King over market cycles! Really? You decide to believe who say it? Practical and realistic investment portfolio allocation over market cycles is Bonds or Bond-like (CPF for SG)/Equities/ Cash and CPFIS in XX% /XX% /XX% based on our own investment journey Climbing Investing Mount Everest 1) Going up Mountain. 2) Near Mountain top and how about going down to Base Camp to stay safe before trying out Mountain top at the next season. 3) Going down Mountain to Base Camp to stay safe for a longer time before deciding whether it is worth...