Key insights
- An investor is considering trimming AMZN and GOOGL positions due to concerns about overvaluation and potential market downturns driven by geopolitical and economic factors. They aim to increase cash reserves for future buying opportunities. This reflects a cautious sentiment towards the short-term sustainability of the tech rally, but it has limited impact.
Hi Guys , Quick question , I did enter in the last market dip with almost all my cash
I do see the recent run in tech now and feel Mr. Orange president with the current war situation and the economy , something will break
That run is not sustainable in my view ( in the short term ) I might be wrong
I do have 8% of my Portifolio in GOOGL and 6.5% in AMZn , I feel at 330 for GOOGL and 250 in Amazon they are moving from fairly valued to over valued
I am considering to trim both like 1-2% each to leave some cash on the side if another dip comes , is this a smart move , I do believe in both companies potential on the long run , your thoughts shall I hold or trim , I have like 3% in cash which is very low uncomfortable % for me