Key insights
- An individual investor has liquidated their market positions (70% VT, 30% SGOV), citing concerns about red-hot inflation, dwindling oil reserves, and the market's reliance on mega-cap stocks. They anticipate a significant correction of 30-40% and plan to reinvest afterward. This sentiment, while individual, reflects a bearish outlook on current market stability and potential downside risk.
I know I’m gonna get so much shit for this but I don’t care. I was 70% VT 30% SGOV and I sold my market positions. I think we are in the eye of the storm and even with the Iran “deal”, oil reserves are drying, inflation is red hot, and the mag 3 are holding everything on their shoulders. I think the market has priced in the Iran deal as well so idk if we will see a 5-8% jump from it. I just see splinters everywhere. The cap gain hit will suck but when I dump it all back once we enter the 30-40% correction I think is coming, it will pay off.
This isn’t necessarily the play for everyone, but sometimes your gut is overwhelming and you should listen.