Correct, although with inflation at 0.41% per month I'm less than that. And again, this is too short a time and the motivation to go to cash is a double digit drop.
I let my positions take me out. Right now about 40% cash. Surprisingly some positions continue to increase.
I put some of the cash back to work. DOCU 42% down in one day WTF!? Will most likely be selling on rips (bear rallies?) So hard to watch the markets everyday and maintain long term view. I hope I don’t churn my account to death.
Since I have half my investments now in cash and the other in the market, I don't know if I should smile or cry about today's sell-off!
since 2008, we’ve had three 25percent crashes (2008, 2009, 2020) And I think we’ve had three 15ish percent sell offs (2010, 2011,2015, 2018) and this is with strong tailwinds in the form of low rates.
Also worth pointing out, a stock market crash is a reference point but a portfolio's performance drives the decision to got to cash or not.
Bear/ correction territory durations seem to be getting shorter and shorter due to help from outside forces. Makes me believe we will just see many more corrections going froward, tighter quicker in nature. Maybe who knows. when I started following the market we would have months of sideways action, dull trading environments. Seems like now we are either going up at an unsustainable rate or down which gets gobbled up just as quick.