Key insights
- The post discusses strategies for trimming a portfolio after significant market gains. The author is considering selling a portion of their portfolio to secure profits and increase cash holdings. The question revolves around whether to sell a fixed percentage across all positions or to prioritize selling the initial capital invested. This reflects a cautious sentiment, potentially signaling a minor bearish influence as investors consider de-risking.
So like many folks here and other places lately, the massive run has in the market has created phenomenal run. I do want to sell some portion of portfolio and have cash on the side - I am okay to miss out on future gains.
One basic strategy is to sell the initial capital and leave free money to float. I don't have that many position that returned 100%
I'm eye balling my portfolio and returns thus far has been high 30%.
What is optimum strategy to sell? Sell 30% or 50% of the position and place it elsewhere or leave money invested and let the funds weather the storm.