10-10-2016, 10:24 AM
No two crisis' are the same.
I never had cash on hand in the past, but what helped was never letting up on regular investing through tough times. This time I have 20% in cash, I was up to 30% but have since allocated 10% back into the market.
My belief was that I never had "ENOUGH" to hold a cash position, even 20%. I felt like, what's the point? Might as well be fully invested.
My other fear, is that when there is a market correction I will sit on the sidelines too long and miss the rally.
I never had cash on hand in the past, but what helped was never letting up on regular investing through tough times. This time I have 20% in cash, I was up to 30% but have since allocated 10% back into the market.
My belief was that I never had "ENOUGH" to hold a cash position, even 20%. I felt like, what's the point? Might as well be fully invested.
My other fear, is that when there is a market correction I will sit on the sidelines too long and miss the rally.