My thinking here was that, looking at the market, I’m not sure it’ll go down, but I’m fairly sure the downside risk > upside opportunity right now. So it only makes sense to have less than 50% in stocks, and more than 50% in the buy-at-the-bottom fund. Once I realied this, it made sense to take some of the money off the table while the market is ~5% below peak.

But you’re right, having had 90-100% in stocks in the last few years, doing so is weird and uncharted territory