Wait and see. The stock market slide has just begun. The bubble has just begun to pop.
Many investors were wiped out when the 2001 stock market bubble burst. Many of the stocks that went to zero never recovered. Entire nest eggs vanished. I have met people who experienced that, living in small apartments with furniture from their “wealthy” time.
But not you! Oh, no! All your investments always go up!
Of course, you love to pat yourself on the shoulder. Yes, you are VERY, VERY SMART, intercst!!!
I hope that makes you happy. 
Time will tell. And every investor has different needs.
One year’s cash may be enough…or not.
Of course, don’t expect an investment advisor to tell clients to hold cash. What good would that do him?
Do you think that this market environment is the right one for a (naive, cash-heavy) investor to say, “Oh, intercst says I shouldn’t be in cash. I’ll call my broker and put it all in the stock market today!”
??
Wendy