CASH

CASH

He wants to reserve some fire power in the event markets weaken.

(A Top Pick Aug 13/18, Up 0%) It will be an investing market from now through 2025. But the general market needs a cool-off. People should build up cash reserve and be ready.

Have some cash to deploy, and take some money off the table. He expects more opportunities to come, and want to keep some cash to take advantage of this.

The market isn't good value now, and holding cash gives you some safety. You can use cash to buy gold stocks if things go south.

(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.