Surprised that there’s not a peep on the board. Did anyone else see >10% loss for the week?
We are down about 4.5% YTD. We’ve been expecting this which is why we are about 50% cash, not including real estate in that calculation. The challenge will be knowing when to throw money back at the market without catching falling knives.
We are in the early stages of retirement and only need about a 3% return to not touch principal for our needs. It’s about preserving capital for us at this point, rather than being aggressive with investments. Since we couldn’t read which way the market was going, we left half in the market, half protected.
IP