I got out of most of my stock positions last week and the remainder yesterday afternoon. The rest of my equity investments are in my retirement account and I personally do not actively manage that nor move anything around given I have a long ways to go before retiring and heck, I’m dollar cost averaging. I have been out of Treasuries since last year since the yields were shit anyhow. I would not buy Treasuries right now even in they were paying 6%+ rates…anything is possible including our good ol government defaulting.
I believe unless you are “investing” longer term in specific stock( willing to wait out a gain over a multi year environment) versus trading specific stocks, you should probably cash in any gains you have in the next run up. I believe it will get a lot worse before it gets better and I personally did not want to get “stuck” in a few stocks for years. I believe there is definitely money for the taking in short term trading in this volatile market. Hedge funds love volatility, but since most of us are managing our own funds and not someone else’s money, I’d think unless you really know what you’re doing, you might want to just button down the hatches.
