CASH

CASH

(A Top Pick Feb 08/19, Up 0%) From end of March to end of last week, he's been 100% invested. Recently took 66% out and put it in bonds, defensive, and cash. Now looking at areas that will benefit from a volatile market. Now is looking to redeploy and letting risk/reward be more aggressive.

You have not seen anything yet that would warrant holding a higher level of cash. It all depends on your own personal situation. He holds less than 10 percent in his portfolio. He holds about 60-65% in equities.

He thinks you should hold higher levels of cash. You should have about 10-20% weighting here now.

(A Top Pick Feb 22/19, Up 0%) He's now at 15% cash and will stay at the level in the summer. Cash gives you opportunity to do short trades on, say, China or emerging markets.

He always has a lot of cash on the sidelines, but he doesn't think of it in terms of percentages. His big problem now is finding a good preferred share, like LB and Transalta.

He doesn't use cash except to rebalance briefly. He's fully invested in his portfolios. Cash pays nothing. You get poor slowly holding lots of cash.

A past pick today. He holds around 22% cash. On his last appearance, he was at 35%. He's picking away at stocks carefully, because the market is overbought.

Holds 35% cash. The worst you can do is underperform, but you won't lose money. See his opening comments about the S&P at 2,800.

As long as the market is this high and not correctly seriously soon, it's more of a trading than investing market, smash-and-grab. The only way to do that is to have cash handy to grab. There will be lots of trading opportunities, such as oil. Otherwise, buy a utility.

He hates mentioning cash during seasonal strength for the broader stock markets, but these markets have come up to their 200-days moving averages. Take profits, even for a couple of days, and enjoy life.

They are around 30% cash in their Equity Fund. It is not a big macro play. Just raised almost half of that cash in the last week or so. They think the markets are a little overbought now. But if the markets go back again in the 2,500 - 2,600 and find support they will be buyers.

Raise it and wait for better buying days. The market has had a massive drop and is now recovering. The US Fed doesn't know what it'll do. The next recession's coming, unavoidably. He can't say how many rate hikes will come in 2019. Things could slow down quickly. And follow gold.

Percentage of cash in your U.S. equity portfolio? They are 15% cash right now, about 40% bounds and 45% equities. Doesn't love the market right now.

Cash is totally king. Still has 13% cash, instead of the 24% he had going into the mid-term elections. Helped mitigate a lot of risk. In next couple of weeks, he'll find out if there's an opportunity or not. To see if it's a bear or a bounce, he uses the 3-day rule (needs it to base after this waterfall, stop going down, and head up for 3 days in a 4-day period). If he sees this, he'll put a toe back in the water. If he doesn't, he's going to start selling.