The main reason investors exit their equity investments is their discomfort in handling a fall in the portfolio when the market corrects.
The way to reduce the drop is ensuring asset allocation to debt and equity.
For example, a 50:50 split ensures that the investor’s portfolio drops by roughly half the amount the market corrects.
So even if the market corrects by 20%, the investor sees about a 10% drop in his portfolio something that makes us uncomfortable but not panics.
So you should not put your entire investable surplus in stocks but limit it to the extent recommended by your risk profile.
Typically this means a debt to equity as 60-40 for conservative, 50-50 for Moderate and 40-60 for Aggressive profiles.