CASH (CASH)

(A Top Pick August 23/13.) Typically August, September and October are the months that are particularly volatile so he was happy to hold a bit of cash. He varied between 40% to 50% all summer long.

ETF fixed incomes don’t work short term because of trading costs. Have US dollars in your portfolio instead. You can use SHV-N to do this. But you have to know what your bank will charge you for the FX. Can’t be a full percent.

(A Top Pick July 8/13.) He has almost half of his investable money sitting on the sidelines waiting for bargains.

(A Top Pick July 4/12.) He is holding about 50% in Cash and will put it to work in Oct-Nov when he expects there will be weakness.

Does most of his buying in November and December. The worst months of the year for stocks in general are September and October. He likes to have money on the sidelines for buying later in the year.

(Top Pick Aug 15/12, Flat) Half of his investible money is on the sidelines. He will wait until the market completes this summer flush-out. Will invest by the beginning of October.

(Top Pick Aug 13/12, Flat) He is pretty fully invested now, focused in the US.

(A Top Pick July 17/12.) His current cash position is about 8%-9%. You don’t need to have a huge cash weighting right now.

(A Top Pick June 27/12.) Thinks it was in the order of 20% of cash in his portfolio at that time but currently he is at 45%-46% which he is looking to reinvest in the near-term.

(A Top Pick July 10/12.)

Has been 40% cash since roughly about the 1^st week of April. This is a defensive strategy. “Buy low and Sell high” and you need cash in order to Buy low. Markets tend to peak, usually in the spring and Beranke has been helping out a little bit this year. He will be looking for entry points to Buy sometime this fall.

Money Market funds. He has been selling off a few things that he hasn’t particularly liked or profitability has got to a point where he is taking money off the table. He is still very positive on the US and will continue buying it. With some of the other markets, he is just going to take a “wait and see” attitude over the next couple of months.

(A Top Pick June 25/12.)

This is a good time to have some cash, to be studying, to be researching, to be thinking. He watches a stock for a minimum of 6 months and often for years before he buys into it.

10%-15% in cash would roughly be a good holding for a portfolio.