I've had a regular mutual fund and an IRA mutual fund for over 30 years now and my strategy is to hold and ride out the downturns in the market. After 911, the market went down and the value of my mutual funds was cut in half. I continued to hold them and now they're up way further than I ever imagined. If we have a recession, I'll continue to sit and hold them taking only the required minimum distributions from my IRA mutual fund. I've outlasted past recessions and I should be able to outlast the coming recession in 2026.

I think buy and hold is the best strategy for most people, especially younger people. Trying to time the market is difficult and takes time, sometimes you get it right, sometimes you do not. Not sure when the next big leg down might appear, some say early 2030's, with bumps along the way.

Bottom line we are all in different situations and phases and of life and maybe more resilient to ride out a downturn, we all need to be comfortable and aware. Some are very good with Elliott Wave Theory, harmonic patterns, fibs etc. lots of different technical analysis theories.

both of which boost asset prices.

Trying to dodge crashes is difficult, though I will try to trim vulnerable funds a bit.