Over long time scales, it really doesn't matter if the market is just about to crash. Time in the market will always beat timing the market, given that no one can know market tops and bottoms.
That being said, if you have a short term savings goal, are just about to retire, or simply dont sleep well worrying about losses - cash isnt the worst way to allocate some of your assets. Its not for me, but to each their own.
Over long time scales, it really doesn't matter if the market is just about to crash. Time in the market will always beat timing the market, given that no one can know market tops and bottoms.
That being said, if you have a short term savings goal, are just about to retire, or simply dont sleep well worrying about losses - cash isnt the worst way to allocate some of your assets. Its not for me, but to each their own.