I'm at 20% cash right now, don't over invest... $$
So, yesterday I sold off on a lot of stocks. I had $0.35 trailing stops on anything unimportant and they all sold off, putting me at about 20% cash right now. Today the stocks I did keep are all up, (AAPL, BRK-B, KO, etc...)
So, am I in a better position? Absolutely. Cash is king and I want to have about 20-25% available to grab more shares on dips. Before I was at about 3% cash, which is way too much invested. It puts you at higher risk and leaves you unable to make moves if a good opportunity comes around.
Take a look at your cash to investment ratio and make sure you have some breathing room there so you can make moves when you have opportunities.
Invest in peace....
