23h • Financial Planning
AM I alone?
I’m interested in hearing how others are approaching the possibility of a market correction in August I’m currently debating whether to move as much of my portfolio as possible into cash or remain invested and ride out any volatility. Going to cash would protect the gains I’ve made, but selling too early could also mean missing further upside and deciding when to get back into the market could be even more difficult.
My decision will be based largely on the AI market warning indicators I have created and how the MAG7 perform during this month’s earnings reports. If earnings and forward guidance remain strong, I may stay invested while reducing some of my more vulnerable positions. If the reports disappoint and the broader warning signs continue to deteriorate, I’ll likely raise a meaningful amount of cash by selling.
What are others planning to do? Are you playing it safe and raising cash, reducing only your riskier positions, or staying fully invested and riding through whatever comes?
My situation could be different to most, as I don't take the dividend as income at this moment, but that time is 9 months away when we are planning to do so.. I'm so close, but afraid I will get squashed in a downturn 😐
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AM I alone?
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