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Yeahbut lets get one thing clear - you aren’t going to call the bottom.
This.
Moving your money around is daft, unless you're just finding lower fees.
On aggregate, you won't beat the market, except by chance, and you will alsways pay away the spread.
As most of our investments are a steady drip into pensions, it's almost irrelevant where the bottom / top is.
NotThamesWater-
In essence yes..but if you can bulk buy during dips and sell at peaks your investment will perform much better then they would otherwise. Statistically people dont out perform the market it's true...but generally that because they over trade.
This is especially true of pensions were you may have to but an annuity.
wildwest
Yeahbut lets get one thing clear - you aren’t going to call the bottom.
A reasonable strategy might be to break down whatever you think is worth putting in into several chunks then investing those over a number of weeks or months. That way some of your money might find the bottom.