I'm down 3% from my portfolio high ($747k back in late Jan), and up $10k for the year (likely from contributions), largely because I dropped to a 50/50 portfolio back in January. Planning to keep some powder dry for a deep correction, when I'll go back to 60/40, or 75/25, depending. PE10 is still at 31+, which is twice the mean. Shit is still way overvalued and reversion to the mean is pretty immutable in markets. Some would call it market timing, but I call it asset preservation. The downside is much greater than the upside right now in this market, IMHO, so I'm content to stay 50/50 until a big move happens.