For those of you who claim to have cashed out in Feb/Mar. How do you plan to buy back in?
A lot of you who are now cash heavy but with a long investment time-frame (10+ years), whats your plan for coming back in and how are you going to time that. Even if the market dribbles down the rest of this year, we are going to see days with large upswings here and there. What makes you so sure that the day before wasn’t the bottom?
And if you are waiting to react to some changes/announcements, what makes you think you’re going to be able to buy in before everyone else piles their cash back into the market sending it upwards?
I’m 85 stocks/15 cash. I was in Feb, and I still am today. And I’m just continuing to rebalance to that allocation as wild swings occur.
(By the way I live in New Zealand so my stocks are about 65% US, 15% domestic, and 20% rest of the world (what you Americans refer to as international). Pretty much all blue chips.