re: Should I move my 401k money to the cash option ahead of the election?

What does “turn south” mean to you? Any negative action, or does it need to be down a certain amount?

If the market is down and gold is not (I assume you are referring to GLD when you reference $158), which is a likely scenario, will you just sell into cash with the other half?

If you buy gold, and it moves sideways for a time while the market rallies, at what point will you sell gold to buy back in to equities?

If you buy gold, and it moves sideways for a time while the market drops, at what point will you sell gold to buy back in to equities.

By what amount, and how quickly, does the market need to go up before you decide that the risk is gone and you can safely buy back in? What is the possibility that time comes and you decide to wait for the next pullback to get back in?

I’m not picking on anyone, but I see this every day. Fear is not an investment plan. Timing without specific and actionable targets is not a plan. Feeling it out and “seeing how it goes” is not a plan.

Get an allocation that makes sense for your specific situation and goals, and leave it alone. Cash may indeed be an important part of that allocation, but the election should not be a determinant in that allocation, rather capacity and tolerance for risk and liquidity needs should be the driving factors.