I know you can't time the market but I am sitting on a rather large % of my 401k rolled over into an IRA that has been on the sideline for ..gulp...about a year. It seems like the major market crashes always happen with the president change over. Savings and Loan with Clinton, .com with Bush, housing collapse with Obummer.
Is anyone sitting on the sidelines through the election waiting for the next crash? Seems to me the unsophisticated man's strategy is to keep $ on the sideline until all major media outlets have been running financial armageddon stories for a few weeks then buy all the bargain safe stocks you can afford.
If anyone was under the illusion things are different in the banking regulatory environment from 2008 just read about Well's Fargo...more government asleep at the wheel as usual.