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Gudivada04:

several factors you need to consider. Depends on one’s age too. For example, if someone is 70 today, it makes perfect sense to keep raising strong cash position if not entirely cash out in this market.

I am trying to maintain overall 25% in cash at all times. I may lose some opportunities or I am leaving some money on the table by exiting some stocks too early. But who really can time anything?

I am not touching or even paying attention to my core holdings; Aapl, amzn, google, Costco, WMT, crm, veev etc. They are like say 40% of my PF. Options are around 12% of my PF which is too high for me and trying to cut it to around 8%. Roughly 25% of the PF I am playing with service picks; sometimes strictly follow their recommendations and sometimes I simply take profit if some stocks ran too high too fast.

In this market I like to be 40% in cash and reduce calls exposure. Have to do it quickly, hoping in the next week or so if market gives me a chance.

End of the day there is no one right answer. It entirely depends on individual scenario; age, earnings potential, risk taking ability, return expectations (of course directly proportional to risk) etc..

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