Key insights
- An individual investor sold ETF shares and increased cash holdings due to concerns about geopolitical instability and perceived market overvaluation. This reflects a cautious sentiment, but its impact on the broader US equity market is minimal as it represents a single investor's decision.
Last week my portfolio recovered everything since the start of this dumbass war with Iran. I had absolutely 0% chance that the cease fire talks would be successful, and 100% chance Trump would go on a tirade.
I took the opportunity to start the yearly rebalance of my portfolio, sold some shares in various ETFs, and have set aside all little money in cash to see where the next few weeks takes us.
I’m generally just dollar cost averaging kind of guy ride the markets up and down and just do monthly investing. But last week I knew everything was just a facade.
Anyone else do that too?