I have about $100k in my only brokerage account of which about $25k in sgov/cash and the rest invested in US and international Index ETFs. I don't have any other savings or investment accounts.
I do have a full time job but given the economy , I'm starting to think it's better idea to have atleast couple of years of living expenses saved in cash.
I'm already down more than 8% YTD. I see 3 main risks to the market going forward -
1. Negative impact of AI on economy and labor market.
2. The war is getting long messy and protracted.
3. Market is overvalued.
I'm not sure if I should pull out now and get back in later.
SPX just touched the 200 MA and looks like we have lot of downside left.
Any thoughts?